Higher High Higher Lows - VARDHMAN ACRYLICS📊 Script: VARDHACRLC
📊 Sector: Textiles
📊 Industry: Textiles - Manmade
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages giving crossover.
📈 Right now RSI is around 67.
📈 Script is making Higher High Higher Lows as shown in chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 72
🟢 Target 🎯🏆 - 80
⚠️ Stoploss ☠️🚫 - 68
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Relative Strength Index (RSI)
NIFTY DAILY - 7/2/2024Indian indices open with a gap up but Bear capture the Indian Indices and took the index to low of the day that is 21860.
Formed bearish candle with upper and long lower shadow that indicates bears were aggressive thought the session.
Double Moving Averages is giving crossover as shown in chart.
Nifty can find nearest support at 21893 and 22124 will be work as its resistance level.
Risky Double Digit - CENTRUM📊 Script: CENTRUM
📊 Sector: Finance
📊 Industry: Finance & Investments
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages giving crossover.
📈 Volume is increasing along with price which indicates volume breakout.
📈 Right now RSI is around 68.
📈 One can go for Positional Trade.
⏱️ C.M.P 📑💰- 37.65
🟢 Target 🎯🏆 - 45
⚠️ Stoploss ☠️🚫 - 35
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
BankNifty: RSI Divergence Impact on TrendsEarlier BankNifty experienced a trend shift, we can see it with respect to RSI divergence, pausing the downward movement and initiating an upward trend.
Caution advised now, as RSI indicates a possible sideways or downtrend until stabilization. Refer to the chart for details.
REVATHI EQUIPMENT Market Cap 346 Cr.
Face Value 10
Intrinsic Value 613
Piotroski score 8
Debt to equity 0.15
Promoter holding 72.6 %
Stock P/E 16.6
Industry PE 44.3
ROCE 10.6 %
ROCE3yr avg 9.18 %
ROE 6.66 %
ROCE3yr avg 9.18 %
OPM 8.52 %
OPM 5Year 6.15 %
EBIDT growth 3Years 10.1 %
EPS YOY 68.7 / 41.4
Nifty 50 Visualizer is BEARISH!⚠️Attached: Nifty 50 Daily Chart as of 19th April 2023
In the above Nifty 50 Visualizer Chart, I want you to pay attention to 3 things:
1) Trend Lines
2) Fibonacci Retracement
3) RSI
This is quite a Self Explanatory Chart but for those who don't get it, here are a few points for explanation:
- Notice how Price has reacted around the Trend Lines and the Marked Arrows indicating the same
- Price has stalled at 0.5 Fib Retracement of the Decline that started in December 2022
- Daily RSI has failed to surpass the 65 level, within the territory of a Bear Market Rally
Based on the above weight of evidence,
Price can potentially see a Decline back down to the Next Trend Line Support which also coincides with the Unfilled Gap Area
TCS Long: Double Bottom & RSI DivergenceNSE:TCS is trading at its important weekly support level.
On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern.
Positive RSI Divergence is also seen.
Volume is still rising, which suggests that there is more upside potential for the stock.
Support- 3100
Resistance- 3275/3400/3575
PB FINTECH LTD – Strong Bullish TrendKey Points:
- On daily TF this stock showing strong momentum
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up-move
- Resistance Level breakout
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Max Healthcare - Good Bullish BreakoutKey Points:
- On daily TF this stock showing strong breakout after a long consolidation zone
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up-move
- Volume > MA
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Cummins India - Good Bullish MomentumKey Points:
- On daily TF this stock showing strong up move momentum from last 6 months
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up move
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.