Reliance Stock Analysis: Applying the dual bollinger band swing trading strategy to Reliance stock, let's analyze a recent scenario where the conditions were met: Breakout Candle: On Dec 14th, a candle closed above UpperBand (20,1). Volume Confirmation: The volume of this Breakout Candle was significantly higher than the volume of the previous two...
Apollo hospital has been bullish in past 3 days after it formed a positive reversal in the Daily-Time-Frame and took support at 5275 close to the 50 SMA. Today im observing a positive reversal once again in the 1Hr Time Frame. My Entry in Apollo Hospital would be at 5688, with a stop loss at 5653 and a target at 5759. Happy Trading!!
Time for caution in Small cap index. We are at 3.618 Fib extension level. When we attempt to do wave count we can likely see end of wave 5. Also we can clearly see RSI divergence here. While it will not be good idea to buy at these levels. it is better to look at pocketing some profits.
PI Industries Cmp 3401 dated 15-12-2023 1. Doji kind Candle near support 2. RSI reversal 3. more than 10% correction done Risky buyers can buy @ cmp & Safe traders Buy above 3445 target 3500-3575- 3625-3675 SL 3300 It is just a view, please trade at your own risk.
Introduction: NSE:IRCON , a leading construction and infrastructure company, is currently trading on the National Stock Exchange (NSE) at INR 58.55 . This technical analysis examines the stock's recent price action and provides a trading recommendation based on key technical indicators. Technical Analysis: IRCON is trading near the crucial Fibonacci...
NSE:NELCO about to breakout from triangle, It has already given Ichimoku Breakout with 10 EMA crossing above 50 EMA along with MFI crossing 80. Good entry looks above 810 for target 955
Praj Inds Cmp 540 dated 27-10-2023 1. Morning Star Candle @ support 2. RSI Divergence Buy above 545 target 555-565-580-590-600 SL 520 It is just a view, please trade at your own risk.
Ind Hotel Cmp 382 dated 30-10-2023 1. Reversed from near support 2. RSI reversal Buy above 383 target 388-398-408-415-425 SL 370 It is just a view, please trade at your own risk.
Bharat Forge 1062 dated 15-11-2023 1. Triangle Pattern BO @ 1075 2. Higher Lows 3. RSI BO Buy above 1065 target 1075-1085-1100-1125- 1150-1160 SL 1020 It is just a view, please trade at your own risk.
Adani Enterprise Cmp 2449 dated 24-11-2023 1. Trendline BO above 2250 2. RSI Divergence 3. Good RRR Risky Buyers buy @ Cmp target 2350-2400-2450-2500-2550-2600 SL 2140 It is just a view, please trade at your own risk.
Balkrishna Inds Cmp 2500 dated 22-11-2023 1. Inside Candle 2. RSI rise Buy above 2515 target 2540-2575-2590-2620-2650 SL 2450 It is just a view, please trade at your own risk.
Alkem Cmp 3552 dated 9-10-2023 1. Reversed from Support 2. RSI BO Buy above 3560 target 3600-3650-3700-3750 SL 3475 It is just a view, please trade at your own risk.
NSE:RADICO - DAILY CHART ANALYSIS The price was heading down, making lower lows. Initially, the RSI indicator was following the price too. on daily chart its seen that the RSI starts making higher lows while the price is still heading down. That’s when divergence pattern appears. After a bullish divergence, the price will tend to change from a...
HindUnilever Cmp 2509 dated 3-11-2023 1. Taking support @ trendline. 2. Higher lows 3. RSI divergence Buy above 2515 target 2530-2550-2580-2600 SL 2585 It is just a view, please trade at your own risk.
Zee Ltd Cmp 249 dated 27-10-2023 1. Morning Star Candle @ support 2. RSI Divergence Buy above 252 target 260-270-280 SL 240 It is just a view, please trade at your own risk.
Mazagaon Dock Cmp 1899 dated 26-10-2023 1. Hammer Candle @ Support 2. RSI Divergence Buy above 1930 target 1980-2080-2125-2235 SL 1825 It is just a view, please trade at your own risk.
HI All - good opportunity to go long for Silver/ Silver Micro for Swing trade. Timeframe - 1h Key Highlights: 1. Bouncing off with good volume 2. Good relative strength 3. Good risk and reward
GNFC Cmp 568 dated 25-8-2023 Buy above 570 target 585-605-615-625-640-655 SL 550 It is just a view, please trade at your own risk.