Explained in the chart . If scenario pans out as imagined then we will talk about the targets . Kindly note Bank Nifty has deteriorated on Daily chart so we are looking at weekly chart . If Weekly Kejun sen support breaks we might really be in trouble. Regards
Baby Kumo Twist but an Elliott wave grid resistance . Wait for results for it to be 3600 + in a wave 5 . But sell at that price. Regards
It has given a breakout in daily time frame suggesting further uptrend till 4400 with resistance on its path at 3830. View negates on hourly close below 3700
Ref chart. As per monthly chart, it is slowly changing from bearish side so if it closing above 471 levels, can expect further upside. Weekly and daily indicators showing positive signals. Closed above 21,50,100,150,200 SMA. Vijayaraghavan, Kovilpatti.
Greetings Traders, At the moment, there is a buying signal and we are getting confirmation. 1- Cloud is below the price. 2- Volume price is getting pushed. 3- Price is trying to go above-average volume. 4- Chikou is above the price and can be free. 5- TENKEN is above the price! BUY above 1.18670 STOP LOSS- 1.18413
Greetings Traders, The previous movement of the price shows resistance and support movements. It is showing a fake buying signal because the movement is flat. The cloud has resistance previously but now it is showing a future support level.
CDSL Chart is Fabulous and Bullish - Buy Triggered yesterday as per Weekly Candle - Solid Price Volume Action can be seen in the Approx 3 month Consolidation base - Daily Chart shows a Bollinger Band Squeeze, with Daily RSI 60+, ADX 25+, MACD in Buy Mode - Weekly Chart is just So Strong as you can Clearly see wonderfully respecting Ichimoku - Target Minimum...
Bullish reversal trades expected in early hours
B/O above the cloud. Kumo twist. TK Cross. Chikou breakout from price line. Regular bullish RSI divergence.
RSI regular bullish divergence. TK cross Chikou Span has crossed from below the price line and is free. FTA of 115.30 once crossed shall give a good upside move to the scrip. Kumo twist shall also confirm the move and shall be observed before making an entry.
BTST trades will observe some profit booking and might wipe some gains for investors. Intraday traders can time short entries.
Strong regular bearish divergence on RSI. Small correction expected downwards due to profit booking in the early hours.
If the price breaks out and above 77.60 IOC can be super bullish. Tight stop loss shall be however maintained and trailed.
RSI regular bullish divergence. Flat Senkou-B will attract price towards it but on the first couple on hours only. Falling Tenkan-sen will follow through towards later part of the day.
Bottoms up. Regular bullish RSI divergence. Prices too far below Kijun-sen.
Prices too far from Kijunsen. RSI regular bearish divergence.