Go Short on RAMCOCEM as its formed bearish engulfing. AND cracked OBV shows that major players have sold the stock as it was range bound since few days.
Short RAMCOCEM at 705. Target 695 with SL of 710
Buy above 417 with the stoploss of 413.Targets are 421, 425 and 429. Sell below 410 with the stoploss of 414. Targets are 406, 402 and 398. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry...
in daily, price broke out with good volume, after consolidating in a horizontal channel, also BB is expanding.
in weekly, after a BB squeeze, price closed above upper BB, and BB is expanding.https://in.tradingview.com/x/fxIlBukX/
Also it broke the resistance zone after a long consolidation.https://in.tradingview.com/x/RXizbYav/
with a sl - 492, 1st tgt - 565,...
On 1hr Chart
- Alligator on Downside Eating Mode.
- CCI on Bearish Trend.
- ADX on above 20 on Bearish Trend.
- Trend Line broken on Aug 8.
Status - Bearish
On EOD Chart
- Alligator on Upside Eating Mode and the mouth wild open.
- CCI on changing Trend.
- MACD on changing Trend.
- Trend Line broken on Aug 8.
Status - Neutral
As per the Multi Time-frame...
EOD Analysis
Trend line Broken on Aug 3rd.
Spot price reversed on Aug 4th.
At Present, Candle Piercing Pattern formed and it is bullish signal.
Status = Bullish as per candle pattern.
60 Mins (1hr) Analysis
We can see the clear picture of breakout and reversal of the spot price.
Will the spot continue the bull run or bear to take control ?
Status =...
Monthly Chart
Since Late 2008 -Maruti from its low@433 had travelled almost in an explosive manner upside, giving us wave-3 which travelled 361.8% of Wave-1.
Recent Month Fall was impulsive down likely finished wave-(A) & travelling in wave-B- Once Wave B is done on Top- We shall have wave-C downside hitting in the zone 3000-3200 where it travels 61.8% distance...
