This banking stock is consolidating forming a potential breakout from a flag kind of pattern.
The momentum on daily also has a a potential reverse divergence that is bullish if it plays out.
The momentum n=and trend indicator are bullish on all time frames. 91 could be
A good support below which could be stop loss for swing/positional trades.caution that the...
'Flag pattern' breakout on daily charts in progress.Also the weekly charts show that a 2011 year started 'Rounding pattern' breakout in progress
Momentum bullish on all timeframes.Bullish reverse divergence in play on daily.weekly The trend indicator ADX showing that the trend strength rising up on weekly timeframe.Volumes on weekly are above moving average and...
#ICICIBank 18% breakout from previous resistance in just 2 weeks following earnings but gave up half of it forming a indecisive gravestone doji at a gap support.what else to do when even index gives up >5% in same time. Daily timeframe has a bullish reverse divergence that could lift it up. Momentum is very good on all timeframes intact in bullish zones ADX trend...
The stock on weekly chart had earlier broken out of a cup and handle pattern and consolidated post to that to further move up
and now has a momentum reverse divergence which is bullish to take it further up if it works out to happen. However caution need to be maintained
with tight stop loss since the ads trend strength has taken a bent on the top which may be...
#iciciprudential trending with channel at all time high with volume and momentum
weekly has a momentum bullish reverse divergence playing out.
adx trend indicators are also seen rising in strength in all timeframes in bull zones
look like most other stocks in insurance sector also rallying.
#Voltas breaking out from a previous resistance from last feb with wide range bullish candle with bullish momentum
A monthly bullish reverse divergence is in play..Trend and momentum indicators show bullishness in all timeframes
This Tata brand like to further move up from the post covid recovery pent up demand in the consumer durable space.
#HDFCBANK after breakout beginning of month it has retraced to resistance zone which could result in
change in polarity bounce in addition it now has bullish momentum reverse divergence as well both on daily
that could take it back to 1598 at least. remember both are not confirmed yet.
however make note that there is resistance up there at 1641 but that has...
#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if...
#marico multiple bullish reverse divergence seen on weekly timeframe and also
a flag kind of pattern that could potential move it up is seen.
daily seen at a 4 times tested zone and therefore not wise to enter until
a green close above it is confirmed.
#havells the breakout is yet to happen clearly from the W pattern and is consolidating
since it touched the neckline. But good thing is that there a multiple bullish reverse divergences
seen on the daily timeframe and there is good probability of this working out to make happen the breakout
Havell's remain potential breakout candidate pattern seen. Momentum and...
#HDFC daily momentum bullish reverse divergence with a ranges shift bounce in progress.weekly momentum forming range shift from sideways to bullish.monthly also got back into bull zones.formation of a rounding pattern with potential breakout.
#ApolloHospital wish had not missed that bullish momentum reverse divergence just before that 21% breakout
which is now history and educational only :)- reminds need do the homework of scanning stocks regularly.
great volume, momentum resulting in a consolidation breakout. Now need wait for a retracement levels
for any entry
Metal sector index last week went bearish following a weekly divergence
It now has a unconfirmed bullish reverse divergence on weekly and could take momentum support and bounce
Daily momentum has touched 40 support. In short any bearish further from here is bearish confirmation and reversal.
all timeframes bullish in momentum and trend. A 4 bar bullish momentum reverse divergence on daily
could take it further up to at least 16799 again if it works out. enter only on confirmation of price moves above previous candle with
tight stop loss and if this is negated reentry only after a retracement at mentioned FIB levels.
4 bar bullish momentum reverse divergence seen on weekly charts that could pull up to 98 levels again.
Daily momentum has taken support and bounced up.it could also turn out as a resistance acting as support
and change in polarity bounce up move is also a possibility. Long entry on confirmation if next week candle staying