PLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT disclaimer - buy @ own risk.
retracement 0.5 tested, cross above that can see 115 on chart oscillators support possible for rally overall market support possible for rally entry on close above 97.5 with stop as comfort for target 115 + disclaimer - for study purpose only.
JAMNA AUTO :- 52/54 buy level if stock cool down then add till 47rs with STOPLOSS of 40dcb for target 80++ #Disclaimer:-I just shared view for only educational purpose.
Should consolidate nr 200EMA and give positive returns. Lets see how it turns out.. Buy above 5400 SL 5000
Script @ high resistance level of the year Stochastic Shows Oversold Above 200 ma says it’s been bullish trend IS IT THEN NOW ON VERGE OF BREAKING RESISTANCE AND GO FOR NEW HIGH I would enter @ 2350 with 50-60 pts stop to enjoy new high if comes And reverse the trade if opposite happens for 2200 as target. disclaimer do your own study before entering.
A good RSI divergence in ITC seen. Can be Bought with SL of 166 with Targets of 175 180 and 186 .. . .
SBI is showing signs of reversal. 1) Tested the lower line of the channel. 2) Broke the trendline. 3) RSI has also broke it's trendline. (Reversing after touching the oversold zones.) TGT: 208 SL: 185
HUL has formed a Head & Shoulders pattern in the 25 min time frame. So if it gives a breakdown, it can go down at least 60 points. But bear in mind it is near oversold zones in the RSI. So if it fails to breakdown, a trade can be taken on the long side too. If short ---Downside target: 2070. If long ---Upside target: 50 points. SL : The blue line. (PS: I'm more...
INDUSIND HAS BEEN PERFORMING WELL AS COMPARED TO THE WORST HIT STOCK DURING COVID RAIN , BULLISH DAILY BODIES FORMATION BACK TO BACK + RSI CONSISTENTLY ABOVE 60 & 80, BUT THIS SHOULD NOT TEMPT WE TRADERS TO THINK THAT NOW IS THERE POSSIBILITY FOR A U- TURN OR A PROFIT BOOKING DAYS --------------------I WOULD SAY MIGHT NOT BE AS OF NOW LOOKING AT THE LONG BUILD UP...
BASED ON EXPLANATIONS GIVEN IN THE ABOVE CHART TAKE THE ENTRY BASED ON YOUR OWN ANALYSIS TOO .
#BRITANNIA WEEKLY CMP 3520 Stock looks good near 3450 to 3400 we can see again ATH Invalid below 3160 #Disclaimer:-I just shared view for only educational purpose.
punjab national is a long candidate with 26 sl for higher side trail targets with rr in favour with dual bottom and rsi +ve divergence
After the recent rally and very close to making all time highs ( NIFTY is already at a all time high on closing basis — it's just the first week of the month). The index might face some resistance at current levels, which is a confluence of the Bear Resistance zone on the RSI and the declining bearish divergence trendline. If aggressive buyers manage to surpass...
A) DOUBLE BOTTOM FORMATION - NECKLINE BREAK WILL GIVE UPMOVE, B) ADX IN SUPPORT OF BULLS, C) RSI HIGH ENOUGH BUT YET TO TOUCH OVERBOT ZONE, = looking AT THESE PARAMETERS THERE SEEMS TO BE A BREAK OUT ABV 171 #174 BEING THE NEXT RESISTANCE LEVEL TO CROSS ... disclaimer - for study purpose only.
3 HIGHER HIGHS FORMED + ADX ABV 30, -DI > +DI = SALE BELOW 1885, WITH SL 1930 , T1 1875, T2 1860 T3 1845 disclaimer - trade with your risk & analysis
Stock is at strong support level , price is now at range and accumulation of share is must happening as volatility deceased RSI is continuously making Higher High Possible upside breakout will happen targets are mentioned i.e 83 lot size = 5700 check out the other ideas as well FOLLOW & LIKE & COMMENT