PRAKASH PIPES LTD:- INVERSE H&S BREAKOUT + ATH BREAKOUT WITH HUGE VOLUME (CMP 116) TARGETS 180 AND SL 76DCB #Disclaimer:-I just shared view for only educational purpose.
1. Consolidation after downtrend 2. Bullish divergence
A hammer after a fall at the major support and rsi bullish divergence suggests a strong up move for the short term.Go long with the above mentioned target and stoploss.
HDFC (W):- BO ABOVE 2500 UPSIDE 3000/3400 WEAK BELOW 2200 WCB #Disclaimer:-I just shared view for only educational purpose.
BASED ON MONTHLY CHART REASONS ROUNDING PATTERN AFTER A BIG RALLY ADX & RSI GUD SUPPORT TOWARDS BULLISH TREND COMING TO DAILY FRAME WE SEE SMALL ASCENDING TRIANGLE FORMATION LAST FEW DAYS HAS SHOWN FALL YET OSCILLATORS ATTACHED WITH MONTHLY FRAME - ARE ON DAILY FRAME TOO IN SUPPORT OF OVERALL BUYERS MOOD in.tradingview.com JOINING BOTH LONG TERM TIME...
IDEA and analysis is my personal view, take advice from your financial planner before any investment decision. All needy things mentioned on chart and my previous bank nifty analysis. If you like, please follow and share my analysis with your near n dear; and save your portfolio by booking your profit for a while. Happy investment😊
Clear cut divergence can be seen in bank nifty. It is showing loss of momentum but doesn''t tell to short. It may happen that after some time wise correction again up move start.
Possible buy for short term. Initial SL - close below 270. PA to watch.
GOOD MOVE SEEN FROM 1033 TO 1055+ MORE 50-100 PTS CAN BE SEEN ON CHART ABOVE 1055 SUPPORTING FACTORS - CURRENT VOLUME BAR + RSI STRONG BULLISH STRENGTH BELOW IS THE PREVIOUS SHARED IDEA POST ON LT FOR REFERENCE
Demark trendline is made by joining TD points. Here TD2 points are joined to form a trendline. BHARTIARTL is about to give a close above demark trendline. To get the target, take the distance of lowest point and demark line and project it upwards BHARTIARTL has a 126 point gap and based on that we can expect a target of 600 based on above mentioned...
OBSERVATION :- TWICE RESISTANCE LEVEL 255 TOUCHED ***RSI*** ON ALL BIG TIME FRAMES ABOVE 65 - 70 MARK SAYS BULLISH TREND CAN STAY ON A DEFINITE BUY SEEMS ON CARDS OR HOLD LONG POSITIONS FOR SOME MORE TIME disclaimer - join your own study to enter trade PREVIOUS SBIN LONG VIEW ATTACHED BELOW
rising wedge pattern with negative rsi divergence.
ADX ON MOMENTUM +DI ABOVE ADX -DI BELOW ADX RSI MODERATE BULLISH LEVEL STAY ON WITH THE GOING TREND NO JUMPING OFF FROM RUNNING TRAIN ?? disclaimer - only observation
AS ITS SEEN 👉 BANK NIFTY IS TRADING IN A RANGE/CHANNEL STOCHASTIC RSI IS ATTACHED TO CHART AS I FEEL IT WORKS BEST WHEN THE MARKET IS TRADING IN CONSISTENT RANGES. IF WE JOIN STOCH RSI TOP/BOTTOM WITH TREND LINE AND MATCH IT WITH INDEX WE SEE UPWARD REVERSAL WHENEVER STOCK RSI HAS TOUCHED ITS SUPPORT LINE TAKING INTO THIS IN MIND THAT THIS TREND WILL STAY...
SMALLER TIME FRAME SHOWS CUP & HANDLE PATTERN 2 ROUNDING PATTERN NECKLINE OF WHICH IS RIGHT NOW BROKEN DOES THIS LEAD US TO NEW LOW FOR THE DAY ? BELOW ATTACHED HIGHER TIME FRAME IDEA POST
BUY ABOVE 612.6 WITH STOP 592 RISK:REWARD = 1:1 / 1:2 > FACTORS CONSIDERED 3 LOWER HIGHS ADX ABOVE 30 WITH +DI MORE THEN - DI disclaimer - join your analysis before taking trade.