Balrampur Chini is Bearish as peer Ichimoku. Below the resistance line since June end. IT SHOULD CRACK. Targets mentioned.
Nifty has formed a bearish bat pattern id stays below 17750.. Also Cloud resistance can be seen on daily on ichimoku. Drop can come to 17350 200 levels stop loss 17750 above
Stock Name - BDL. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo is super bullish and chikou span is slanting upwards. All these parameters are showing the further strength in BDL More strength will be visible once it will cross 245 and more strength above 540. Worth to keep in watch list for coming days #This is not Buy and...
According to well known Ichimoku trading system NASDAQ index is showing strong sell signals. A correction is awaited. Signal 1: Price crossed below Kumo cloud. Signal 2: Ichimoku conversion line crossed below Ichimoku baseline, Also both of them are pointing in a downward direction. Signal 3: Future Kumo: senkou span A is below senkou span b and both of them...
Strategy consist of RSI (21) Overbought 60 Oversold 40 Super trend (7,3) Ichimoku Cloud - Only Kumo i.e Senkou Span A & Senkou Span B ( default ) Bullish Signal When RSI closes above 60 and price closes above ichimoku cloud and super trend Buy above the bullish candle and trail the trade with super trend Bearish Signal When RSI closes below 40 and price...
Expecting 110.793 by 25/03/2021 on a 12 bar TaitoSuchi time cycle/wave 3 on USDJPY. Though Kijunsen is flat.
#NIFTY50 VIEW!! NIFTY 50 has formed a shooting star candle in the weekly chart for the second consecutive week and till it breaks 14760 level. We may most likely see some profit booking in the near term. The weakness to get extended below 14220 level. Moreover, in the monthly chart, RSI is failing to enter the overbought area which is a strong sign of...
After giving a breakout it appears to have completed its pullback. It could resume its uptrend from here for 1125 / 1150 as long as it remains above 1030
STOCK GIVING BREAKOUT FROM TRIANGLE CHART PATTERN AND ALSO FROM ICHIMOKUCLOUD
#INFY DAILY CHART VIEW!! Infosys Ltd. bounced from the convergence of uptrend line and Kijun Sen line of Ichimoku. Likely to stay positive until it stays and closes above 1078 level. Technical parameters looks neutral to positive as of now. Keep a watch.
TVS Motor Company Ltd. trading in a rising channel and taking support from the convergence of support zone, lower line of the channel and Kijun Sen line of Ichimoku. Likely to see further strength in the coming days until the stock stays above 423-430 zone. RSI too taking support right above 50 level which suggest strength as of now. Overall a very good risk...
NIFTY 50 has closed above the convergence of support zone and Kijun Sen line of Ichimoku. RSI too took support from mid 50 line which suggest positive as of now. We may most likely see the uptrend to continue until the index stays above 11300 level on a daily closing basis. Overall the setup is still bullish as of now.
1620 soon ICHIMOKU KINKO HYO or one glance equilibrium chart shows the full picture of the price movement. It gives Trend identification, Future S/R zones, SL zone and Profit Booking zones MAIN COMPONENTS Kijun Sen, Tenkan Sen, Chikou Span and Kumo. How to use Ichimoku can be used in all types of markets from Equities, Derivatives, Commodities, Forex and...
Reliance has formed a Harmonic Crab pattern and also has a similar pattern C Clamp pattern in the ichimoku. On a whole looks negative. —————————————————————————————– Stock Ticker – NSE: RELIANCE – Reliance Industries Ltd. – ENERGY Bearish Trade plan: Entry Level 1522 Target 1416 Stoploss 1598 Analyst Rating – :3/5 View Posted on 2020-01-11
Taking support after breakout on 18th November is a good sign confirming the institutional presence in the stock. The stock is now setting up tone for a strong move up with supporting volumes and momentum. The RSI is positive into the bullish zone and MACD well above the neutral zone with positive bias. Longer term targets are close to 485 levels!
The stock is taking its time out at the 60 levels on RSI. After a unstoppable rally from August it has moved sideways and have consolidated. As of now he prices are resting on KS/TS support line, if a breakout is not registered within a session or two then some serious momentum loss may be grip up thereby pushing the stock into some sharp corrections.
CONCOR: The stock opened with a gap up and the prices continued up during the day. The prices closed near the highs. The prices have been making a falling wedge pattern with falling volumes. The RSI took support at the 40 levels and bounced up, MACD turned positive (though it is below zero line) there is a minor resistance at 585 levels, the stock is expected to...
The movement of Nifty was directionless this week. From last three weeks Nifty has kept traders on the edge and has been teasing both buyers and sellers. We can see a tri star doji formation on the weekly charts at resistance, tough doji does not mean outright sell, it depicts chaos and confusion. We should not discount the fact that the trend is up and yet no...