Oscillators
Swing Trading Opportunity in Col-PalAfter giving good breakout of 1640-1680 Resistance zone, Col-Pal is retesting this zone for the 2nd time. But even after huge sell-off, price is sustaining and forming double bottom at the Support Zone. Price is also taking Support at 40 RSI and 50% Fib level. If Daily candle closing above 1680, we can initiate buy for Target of previous swing high of 1820 and Stoploss of 1620.
PVR Ltd Cmp 1324 dated 28.8.2021PVR Ltd Cmp 1324 dated 28.8.2021
1. Rectangle Pattern has taken reverse from its
support @ 1288.
2. RSI Divergence.
Buy for a tgt of 1350-1385-1430-1460 SL 1285
breaking above 1460 tgt 1625
It is just a view, pls trade at your own risk.
SBILIFE: Time to exitSBILIFE was entered on21st May , since then the stock has rallied to 17.5%. Lately there has beena development of weakness in the RSI as depicted by the negatively diverging lines on price and RSI on the hourly chart. In order to safeguard the capital and protect profits, I suggest it is best to book out at this point.
NSE:SBILIFE
IDFCFIRSTB Looking BearishANALYSIS : Head and Shoulder Pattern + RSI Resistance at levels near 40
ENTRY : Below 53.75
EXIT : 1D candle closing above SL
TARGET : 45.1
STOP LOSS : 55.05
TIMEFRAME: 1-3 months
R2R RATIO : 5.63
Trade Execution :
Sell NSE:IDFCFIRSTB1! ~ 2.4 Lakhs
Buy Options - July 45 PE ~ 2K, Aug 45 PE ~ 5K
INDUSIND Bank- Rounded Bottom in Daily Charts & Morning Star The following Chart shows Rounded bottom for Indusind Bank, also a Morning Start Candlestick pattern is formed on the weekly chart.
Other Indicators also indicate Upside Movement (RSI & MACD)
Recent Breakouts of Nifty Will also help push this stock price.