Daily Price Action - Triangle Breakout from Bottom RSI > 60 Bullish MACD - Buy Signal Bolinger Upper Band - Broken which indicate momentum ADX needs to increase to pick more momentum Weekly:- MACD needs to turn Buy signal Futures data:- Long Buildup on breakout
1. Price reversal with Big candle + Volume. 2. RSI near over sold range. 3. Short term upside possible.
all details in chart increase open interest also
Price is in a sweet spot. (Earlier support & Resistance) Price corrected 25% after short term High. Price fall stopped near 2670 consolidating between 2700 to 2800 RSI in value zone. Price move above 2800 will lead a rally.
SAIL is creating a base again to be a bulllish RAIL ----------------------------------------> As you can see , it has already broken its falling wedge few times(unlike JSW and TATA Steel as they are strictly following the falling wedge), also the momentum increased creating a bullish divergence. So we can expect a good spike in upcoming days.(Can be a...
Mahindra & Mahindra Finance 1. Price consolidates near support zone 2. RSI divergence 3. 21MA BO 3. Good R:R
HDFC has given a breakout from falling wedge and has been taking support from 50 EMA . Even after the falling wedge breakout, 2605 seems to be a rejection region where one or two gap up openings could not sustain. A closing above 2605 with good volume can be traded for a swing or positional trade for first target of 2768 and second target of 2888. Some good...
1) PA - Channel/Trendline breakout from bottom 2) Daily MACD Bullish 3) RSI > 60 4) DMI/ADX turning up 5) Reality Sector is bullish 6) According to FII Investment data FII and pumping money in Reality Sector
The chart is pretty self-explanatory. A simple breakout with volume and SL if breakout fails based on risk taking ability. MACD is also suggesting a trend reversal but the reversal is on its very early stage. Also stock has crossed 9 MA (9 MA can be very useful for short term) and today the stock has crossed the last lower-high swing. For a good trade, I keep...
1 Daily TF PA - Channel Breakout BB Upper band break RSI>60 ADX Increasing Weekly BB Break Futures near the expiry Current month closing position and rolling over to next month
Clear Cup & Handle Formation in HDFC, followed by a small breakout of the Handle. Cup & Handle is a continuation pattern, which suggests that the blip in HDFC's upward trend may be over, and the uptrend is likely to now continue. Confirmations of the pattern formation/ trend analysis are (1) supported by a bounce back off the 2370 support level, and (2)...
icici BANK POSITIVE DIVERGENCE, IF DAY LOW break idea is negate
Learning Of Hidden Bullish Divergence in Maruti Suzuki Stock... All Details are mentioned on Charts
As of 20/5/21 Current Trend: Sideways Resistance levels: Around 566 price levels (Broken today with volume) Patterns formed: Flag pattern Single candlestick pattern: Bullish marubozu RSI: 66 MACD: Short line over Long line Analysis: Flag pattern's upper resistance level, as well as horizontal resistance level, is broken on 20/5/21 with very high volume and a...
PRICE BREAKOUT IN TODAYS TRADING SESSION @ 916 ALSO PRICE HAS MULTIPLE SUPPORT AROUND 900-905 AREA TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE. BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE. LONG @ CMP OF 931 AND ADD IF PRICE COMES @ 916 STOP LOSS OF 904 ON CLOSING BASIS TARGET...
PRICE GAVE TRIANGLE PATTERN BREAKOUT IN TODAYS TRADING SESSION @ 1182 TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE. EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE. LONG @ CMP OF 1194 AND ADD IF PRICE COMES @ 1182 STOP LOSS OF 1150 ON CLOSING BASIS TARGET 1380. TIME FRAME-1 MONTH. DISCLAIMER:There is no guarantee of profits or...
PRICE GAVE DOUBLE BOTTOM IN TODAYS TRADING SESSION @ 2951 TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE. BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE. LONG @ CMP OF 2964 AND ADD IF PRICE COMES @ 2951 STOP LOSS OF 2730 ON CLOSING BASIS TARGET 3220. TIME FRAME-1...