SAFARI is showing a Hidden Bullish Divergence on weekly time frame. After 2/1 Split, the stock is showing another rally stance. NOTE: I'm not a SEBI REG. Study before investing.
📊 Safari Industries Technical Analysis 📅 Date: 31st January 2024 🔵 Closing Price: ₹2031.90 (↑ 4.6%) 🎯 Technical Indicators: Fibonacci Level: Closed above critical level (0.5) at ₹2025.75. 50-Day Moving Average: Surpassed 50-DMA at ₹2030.33. EMA & MA Crossover: Bullish signal with the red line crossing above the yellow line. Parabolic SAR: Two...
Entry: above 3090 Target: 3670 SL: 2930 Pattern: FLAG & POLE EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. Flag: Price breaking out from 5 week long Flag pattern. Pole: Price Up by 25% before forming Flag pattern.
1. Pin bar occured at S/R zone. 2. MACD Divergence occured. 3. Note that pinbar occured at Big Round number.
Safari industries has given head and shoulder breakout and it can give 10-15% from here in short term.
Stock Name - Safari Industries (India) Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1382 #This is not Buy and Sell recommendation to any one. This is for...
Tried breaking out its trandline around 697( feb20 ), failed and fell made low around 290, recovered in next 1 year, and since aug21 till this week for almost 1 year consolidated in a tight range and tried breaking channel n trandline but got rejected from trendline(nov21, feb22). Now finally seems breakout of that 1year consolidation channel, immediate target...
Chart -> Safari India Daily The stock has recently broken the Symmetrical Triangle resistance line. Resistance is around 1013, above that, it can move swiftly. CMP: 1000 Buy till: 950 SL: 933 on a daily close Targets: 1050, 1100, 1150 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please...
Target and stop-loss are mentioned on the chart. Take the entry at your own risk
add more at 700 for a target of 1050, SL below 650.
VIP holding 400 consecutively and some strength shown today too i see stock breaking out of consolidation and inch higher
buy safari above 720 or safe above 730 Note: it is illiquid stock so please check spread difference before taking trade