* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame
* Monthly RSI above 60
* Daily RSI approaching 40 ( currently at 48)
* Trendline support from 6-7 months
* Entry on positive candle with confirmation
- Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R
Key Points:
- On 15 MTF Bank Nifty form Bullish Cup & Handle pattern
- RSI 69 near to 70 and above RSI MA
- Closed above 61% FAB level
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
My selection criteria as follows dor swing trade.
The stock corrected from high and tale sport on EMA.
The RS is strong.
The rsi look above 50 and show upword moment.
The close is above EMAS.
.
.
It just for education purpose.
As per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 111
SL : 106
T1 : 120
T2 : 128
As per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 371
SL : below 353
T1 : 396
T2 : 421
TVS Motor is in the formation of bullish flag chart pattern.
20 Period EMA is just below the current price act as a dynamic support.
All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact.
Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
NSE:TORNTPHARM
All Time High Breakout
W Pattern Breakout
Price moving up in Rising Channel
Targets : 1890 - 2030 - 2250
Upside : 35%
SL : 1550
Time Frame : 3-6 Months
RSI in Bullish Zone & Weekly EMAs acting as Support
Tripple Bottom chart pattern completed in hourly timeframe.
Price has retest/pullback the trendline
RSI above 50 indicate the price has good strength to go higher in upcoming days
Details are mentioned on chart. Please go through the chart.
Swing Trade(2/Feb/2022)
M&M Financial - Ready for an bullish move.
Price Action Analysis - M&M Financial is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
M&M Financial(2-Feb-2022)
Buy - 173
Target - 180, 185, 190
SL - 165
The Finwiser 📈📊
As per chart, MACD, RSI, ADX, EMA's
#MIRCELECTR is looking very bullish.
Continuous upper circuit can be till 18~19
TGT1@14.8, TGT2@15.7, TGT3@18
Keep eyes on this.
TATA STEEL: The stock made an breakout attempt on 4th November but didn’t quite make it. The prices retraced into the cloud only to take support at the Span B plus TS line. The RSI is well into the bullish range and MACD is forming a bullish hook pattern. At 440 a strong resistance is placed. An attempt to test 440 levels can be made by the stock. Activity at...
Giving a look at the Nifty weekly chart. The index is moving into gap zone plus RSI is near 60 levels. Though the daily charts don’t display any caution yet, but 60 levels on weekly’s are pressure points. The week is still on, so the analysis will make sense only after the weekly close by Friday. But the exuberance is building up, emotion outburst are generally...
