Rallis chart analysis for intraday and swing trading
Looks good for a steep up move in the coming days. 300 should act a good support on CLB.
Rallis chart analysis for intraday and swing trading
Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. Chart 1 - Daily Time Frame Chart 2 - 15 Min Time Frame : A further confirmation of above trade can be taken if...
RALLIS CHART ANALYSIS FOR INTRADAY AND SWING TRDAING
06 Dec 2020 CMP 289.60 Crossing above 295 can see 310 /330+ SL 265
Levels Mentioned on chart ! This is only for educational purpose.
Note: This is for educational purpose only Bullish channel breakout with ultra high volume. RSI above 69 indicates bullish momentum.
Buy above 256 target 265, 275 Keep Tight SL
Rallis India has broken below from what appears to be an ascending triangle. Initiate Sell. Target : 192/182 Stop Loss : 216
T1- 175; T2-179 S1-158; S2-155 SL-150 50EMA - FLAT RSI: Wk>50: Dl<50 Fall with less Volume +ve sign RSI Wkly with +ve divg RSI Day & smaller TF - ve divg PA changes to HH - HL (up trend) with BO ABV 168 both on Wkly & Dly TF, view valid till it maintains closing ABV 150
Rallis has bounced support of 140 (pink line). Today's volume was good. Buy in dip @ at 150.50-149 SL 138 (daily closing ) and hold for 180-190 zone. RSI and CCI are showing crossover on daily chart.
Buying Rallis India in cash for short term with SL small as 220 and targets as 245 and 260 Daily chart