In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Hero spot cmp 2820
Time frame :- daily
Study :-chart pattern, harmonic
Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi
Good bullish formation
Can give 10 to15% upmove from current levels...
Escorts spot cmp 1225
Time Frame :- Daily
Study :- Elliot wave
good formation seen in this counter,, on verge to give breakout,, confirmation of price action move is pending,, once breakout confirm,, counter would move on to complete its impulse phase,,
Good bullish candidate
#KOTAKBANK (4TF):- 1740 CMP, Looks good above 1760/1765 for more upsides :)
1) Breakout Candidate :)
2) Volume Breakout
#Disclaimer:-I just shared view for only educational purpose.
Maruti spot cmp 7200
Time frame :- 240 mins
Study :- Elliot wave
Counter have given reversal from maturity levels of corrective wave 4, now if wave 5 unfolds can give good upmove,,,
Rsi have given breakout from falling trend line
Macd on verge to give positive crossover,,
Hidden bullish divergence seen in both indicators where price making higher low and...
Hdfc Ltd spot cmp 2500
Time frame :- Daily
Study : Elliot wave
Wave 1 :- Wave 1 is first impulse wave of impulse phase,, in this case study first wave consist of 470 points in terms of points and 32% in terms of percentage,, first wave is generally of no confidence movement,, buyers still dont have confidence that the trend will change and the upside impulse move...
Bitcoin posted a strong upside rally and closed the last weekly candle with more than 12% gains. It formed a bullish weekly candle and made a high of $42,605 but in the last two days, traders rushed to book profits at higher levels and closed the week slightly below $40K. AT the time of writing, BTC is trading around $40,090.
On the Daily TF, BTC is now...
Chola fin inv :-
Multiple harmonic pattern matures around480 levels
Wolf wave formation around same levels
macd positive cross over
Rsi bullish divergence with breakout
Falling trend line breakout
good long candidate
15 to 20 % upmove possible
Index is respecting the rising trendline support and bouncing ever time it touches the demand zone,, bullish candle formation after small consolidation,,,
MACD have given positive cross over after the retracement of last up move , indicate up trend is intact and will continue
RSI have started making higher high and higher low after the retracement from 90 to 50...
ITC uptrend reversal and RSI breakout on daily chart.
One repetative pattern found
In every 69bars price touch from lower trend line to upper trend line
and increase in price of Rs-74.
if it follow same pattern it will touch Rs:270+ by october end with stoploss of 190.
Its my personal observation do investment after consulting your financial...