1.Indicators are showing bullish signals. 2.Double bottom pattern formed and breakout done. 3.Weekly MACD crossover may happen on upcoming weeks(If weekly closing above 116,it may go further upside) Vijayaraghavan.K, Kovilpatti.
1.Ascending triangle breakout done 2.Pattern like a round bottom formed and breakout done. 3.Closing above 514,it may go further upto 523-528 range. 4.All Daily indicators showing bullish signal and Weekly indicators are turning to bullish from bearish. Vijayaraghavan.K, Kovilpatti.
Daily and weekly indicators(MACD,ADX,CCI,RSI,PSAR) are showing positive signals. Daily ADX moving positive,Daily&weekly CCI positive crossover,weekly MACD cut may happen on upcoming weeks.These factors will help to achieve the target levels. Please refer chart for other details. Vijayaraghavan.K, Kovilpatti.
Daily RSI is around 60 and Stock looks bullish. I would like to see 6800 before any correction.
There is a Bullish RSI Divergence and MacD Divergence on Daily Chart. Stock is poised for positive movements for this week. 3 Support zones in the chart if setup fails to work.
Nicely formed double bottom pattern gave breakout and and trading decisively above the neckline. One can buy the stock now for a double bottom pattern target of approx 1900. which offers a reasonable Risk to Reward trade. RSI above 50 is also confirming the trade. Entry 1810 SL 1770 Target 1880 - 1900 Disclaimer : All ideas are my personnel view. Please take...
Titan Chart shows Bearish Divergence on RSI, Stoch RSI and Momentum too. A pull Back is possible but overall Stock looks bullish for longer term. Bearish Divergence + Price approaching Resistance may bring the Price Down. If setup fails and breaks 910, Wait and buy the retest of 900 areas in next couple of days.
Titan slowly turning to bearish mode as per weekly indicators. One can go short with minimum stoploss levels at this price. Vijayaraghavan.K, Kovilpatti
Refer chart for target and stoploss. It is setting for reversal in weekly chart. Buy@ 80.85- 82.5 Vijayaraghavan.K, Kovilpatti.
Most of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level. Daily MACD cut,Weekly MACD crossover, ADX loosening the negative bias,RSI and CCI are in positive mode helps to breakout and reach the target on...
1) Bearish divergence 2) Double bottom - buy at bounce back -- SL 490 3) Both SUN and ZEE has been posting strong ad revenue growth and good bottom line but stock has been under performing to squeeze out weak hands 4) Consumer companies have been performing well, which gives strong visibility of revenue growth for atleast 1 year
1) Not able to break 580-- bearish divergence 2) Bank trade at 3.4x P/B and has been showing good performance 3) It is likely to show dip in price due to BANK NIFTY bearish view 4) Any dip should be used to buy
Stock has formed big W reversal pattern and showing bullish divergence therefore it looks good for buying at this level. It has broken the short term trend line and RSI (14) is also healthy above 50. One can buy the stock now for a target of 4000 in due course by providing suitable SL. Disclaimer : All ideas are my personnel view. Please take financial consultancy...
Demand Zone Bullish Harmonic Oversold RSI
will like to play this in OPTIONS by buying X strike (already bought ) for target of 1:5 ( loose 1 rs , gain 5 rs ) stop loss near 86 for 93 first tARGET !! & above 93 if susutains !! one way 104 ..
Technical : RSI - Oversold MACD - Possible curve in coming days Current price far lower than 10/20/50 days SMA. Generally price trend to close gap with SMAs in certain period. Either SMAs should come down OR price should go up. I will better watch for price action and enter once I see MACD giving right signal. Company results are scheduled on tomorrow so also...