PVR Ltd Cmp 1528 dated 14-3-2023 Reversal from Support PVR Ltd Cmp 1528 dated 14-3-2023
1. Reversed from strong support Line.
2. RSI Divergence
3. It is in formation of W pattern @ support.
Buy @ Cmp for target 1545-1585-1605-1640 SL 1480
It is just a view, pls trade at your own risk.
Oscillators
"KOTAKBANK" on positive reversalNSE:KOTAKBANK is trying to breach 0.5 Fibonacci levels, and if succeeds to close above that level we can see short term upside in the stock.
Target 1 = INR 1778.40
Target 2 = INR 1803.60
Stop Loss = INR1717
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
Max Healthcare - Good Bullish BreakoutKey Points:
- On daily TF this stock showing strong breakout after a long consolidation zone
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up-move
- Volume > MA
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Cummins India - Good Bullish MomentumKey Points:
- On daily TF this stock showing strong up move momentum from last 6 months
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up move
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Balrampur Chini Cmp 375.55 dated 6-3-2023 Triangle BOBalrampur Chini Cmp 375.55 dated 6-3-2023
1. Triangle Pattern Formation
2. Bo above 376
3. RSI BO
Buy above 376 for target 390-400-410-415 SL 350
Pattern target will be 440
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
"BSOFT" Trending UP NSE:BSOFT with stronger trend reversal. if it gains +ve on the next opening day.
Target 1 = INR 97.50
Target 2 = INR 101.55
Stop Loss = INR 93.65
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
"BEL" anticipated range breakoutNSE:BEL is expected to break the range as it is heading towards 50 Day MA upwards.
Target 1 = INR 97.50
Target 2 = INR 101.55
Stop Loss = INR 93.65
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
Pidilite Cmp 2351 dated 6-3-2023 Rectangle BOPidilite Cmp 2351 dated 6-3-2023
1. Rectangle Consolidation
2. BO above 2355
Buy above 2355 for target 2380-2425-2440-2460 SL 2300
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Divergence: A Retrospective Divergence Trading is lucrative as the price movement following a divergence is with high momentum, hence rewarding with decent Risk:Reward.
The common way is to add conventional RSI and check for divergence . However we often found that many of the vanilla RSI divergence signals are conveniently ignored by the following price action.
Then the question is: Does RSI divergence fakes out? OR with the confluence of something other stuff we can more accurately identify these sorts of divergence and hop into it happily with lucrative Risk:Reward.
Potentially the Volume Profile (more specifically: The Fixed Range Volume Profile) identified high liquidity zones (classical term: Point of Control , PoC ) are the area where one should look out for a potential RSI divergence.
We have picked up the FX_IDC:USDINR last 5 months Daily chart and followed this analysis tecnique:
Analysis Methodology:
Use Daily (or something like hourly/4-hour etc.) normal candlestick.
Identify the swings in the chart (high, lows).
For each swing, apply Fixed Range Volume Profile free TradingView indicator (available under Technicals > Profile, 2nd from top)
The PoC (Point of control) is visible in the chart. You may mark it in the chart with a horizontal line (or a rectangle). That's the liquid-most zone .
If you see some other areas other than PoC area (technically called Value Area ) are showing decent liquidity (comparable to PoC, say within 60% of PoC), then mark that area also with a horizontal line.
Add a RSI. Cleanout everything other than just the RSI line chart.
Change the main price chart from normal candle to line chart.
Once you see the price is in the high liquidity zone, check the price and the RSI together. See if there is a divergence.
Positive/Bullish Divergence : Price is making a lower-low, but corresponding RSI levels are not making lower-low (either same or making higher low).
Negative/Bearis Divergence : Price is making higher-high, but corresponding RSI levels are not making higher-high (either same or making lower high).
Hidden Divergence : No need to consider too much. Spotting a normal RSI divergence is good enough.
That's it. Once you find out the divergence, take a Positional Trade in the opposite direction of trend. (means +ve divergence Long / -ve divergence Short). Hold it with the SL of the Highest Point of the high liquidity zone (which you have marked earlier) and ride the reversal movement with trailing the stop loss.
In last 5 months USDINR, we can see it happened at least thrice. So it's powerful. Lesser number of quality trades.
Jindal Stainless - Up move momentumKey Points:
- On daily and weekly chart strong bullish momentum seen with breaking ATH price & potential to have up move for short term
- RSI 74 crossed RSI MA of 62
- Volume above VMA
- Price crossed above 20,50,200 EMA
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Century Textiles Cmp 624 dated 3-3-2023 Inside Candle & RSI BOCentury Textiles Cmp 624 dated 3-3-2023
1. Thusrday made inside candle.
2. Friday closed above the inside candle.
3. RSI BO
Buy above 630 for target 645-660-685 SL 605
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Suprajit Eng Ltd - Bullish BreakoutKey Points:
- On daily chart strong Bullish breakout momentum seen after a 305 days long Consolidation with potential to rise 15% to 20 % after crosses Rs. 395
- RSI crossed 70
- Tech showing buy signals
- Volume also crossed VMA
- Price is above 20,50,200 EMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Asianpaints BullishAsianpaints Closing 2828.8 with stoploss 2770 then targets are 2890-3060-3150.
Buying Reason.
1 --> Price action is ready to break the #range.
2 --> #RSI is 52.38.
3 --> ADX is show the #Bullish move and +DMI is #RISE.
4 --> #Volume is also confirm the #Bullish move come in the some days.
5 --> Also On a #Monthly chart Price take #Support at #Bollinger #Band.
Havells Cmp 1181 dated 24-2-2023 Triangle & RSI breakdownHavells Cmp 1181 dated 24-2-2023
1. Triangle Pattern break down below 1198
2. RSI breakdown
Sell @ Cmp for target 1170-1160-1150-1140 SL 1200
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
"NATIONALUM" crossing crucial Fibonacci levels.NSE:NATIONALUM has been above 0.50 Fibonacci levels and MACD and STOC RSI also are in the positive note.
TARGET 1 : 84.25
TARGET 2: 86.75
STOP LOSS : 78.55
Disclaimer: The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.
DEEPAKNTR BULLISHDEEPAKNTR closing 1812.05 with stoploss 1750 then targets are 1860-1900-1950+.
Buying Reason.
1 --> Price Bounce Back from the Strong Demand Zone.
2 --> RSI is also turn around from 40.
3 --> ADX is shwo the Bullish move and +DMI is rise.
4 --> 20 EMA is crossing then more up side open.
5 --> Volume is also show the Acclumation and there is the People Acclumate the Shares.
Persistant System - Bullish BreakoutKey Points:
- On daily chart strong Bullish breakout momentum seen with potential to rise from closing price of Rs. 4968
- 52 Week Resistance breakout @ 2873
- RSI near about 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.