Reversal
Aegis Logistics LimitedReversal from support zone in Aegis Logistics Limited, volume is also seen increasing, RS line also shows strength.
Note: Time frame is weekly in this chart
NTPC TREND REVERSAL TO BULLISHNTPC found TREND REVERSAL on yearly chart daily time frame. green candle seen at 50 SMA Support after correction last few days whereas 20 SMA , 200 DMA at support level and also rising pattern .
Histogram also seen bullish trend reversal form.
BUY NTPC @ 138.10 ( above of previous day green candle high )
TARGET 142-145-150
stop loss 130 ( bellow previous support green candle low )
This analysis purely basis on technical indicators please take call after own study at own risk .!!
WISH U Happy Trading !!
AMARAJA BATTERY | Risky Long SetupUnusual pullback after a long term downtrend in stock indicating weakness in present trend. Momentum of counter trend pullback is stronger than usual with MACD making fresh high since the last 9 months period. Price is also trading in a Channel right now and bounce from lower levels is visible here. A long trade can be made here with strict "stoploss" of 678 or conservative traders can use break of channel as a stoploss. First target should be around 740 and second target is Channel's upper band.