Adani spot cmp 1400 symmetrical triangle pattern breakout done,, macd bullish crossover and rsi have given breakout from falling trend line,, counter can give 10-15% up move from current levels Good long candidate
Havells spot cmp 1030 Descending triangle pattern and wolf wave formation,, bullish Macd and RSI also turning bullish Good long candidate,,,
It breakout the channel and formed cup and handle pattern . All indicators are bullish Monthly MACD crossover may happen upcoming months. Share split also may approved on upcoming AGM. These parameters may help to reach the target levels. Vijayaraghavan.K, Kovilpatti, Tuticorin Dist.
Gujarat Gas counter have given breakout from symmetrical triangle pattern breakout, with support of positive crossover on MACD and breakout from falling trendline in Rsi Goodlong candidate
As per pattern Round bottom and double bottom also. MACD crossover may happen on weekly chart. Dividend also coming Rs.2.5. These parameters may help to reach the target. Vijayaraghavan.K, Kovilpatti, Tuticorin Dist.
Golden Crossover on Moving Averages. RSI and MACD with Positive signal.
Indian Oil Corp. gave a breakout on Monthly chart and may head towards 140-150 levels in some weeks. Reasons to take trade --------------------------- 1. Recent results beat estimates and net profit rose 104% 2. Breakout in trendline with huge volume on monthly chart. 3. MACD crossed Signal showing a trend reversal. 4. Crossed 20 MA & 200 MA on Monthly charts...
Currently. ril trading in a symmetrical triangle pattern. first tgt - 2150 second tgt 2200 third tgt 2300-2350... ( potenial to bbreach to previous life time high levels near 2370) rsi positive macd positive croosover stochastic positive crossover
Price has given a strong breakout from the triangle pattern with a strong marubozu candle and with huge volume, from near the support area. Price has even broken 50 ema. MACD and stochastic RSI too are giving buy signals.
INFY on hourly chart is sustain above 200 EMA indicating that stock is still in uptrend. Also observing closely we saw that 200 EMA and Fibonacci 61.8% acted as a very strong support for the stocks. Now talking about oscillator, MACD is giving a really good Divergence between price and momentum. Macd divergence with reversal from levels with good volume is...
A falling wedge pattern is being formed with stochasticrsi divergence and macd crossover, volume is above average, a break above 83650 will be a good buy signal and if it breaks above 90300 it can be held for a further target of 96700.
Inverse head and shoulder pattern is being formed at an important support zone with raising stochasticrsi and macd crossover. Wait for a breakout above 76 to buy
It slowly turns bearish to bullish side for short term. MACD Crossover may helps to reach the first target. Vijayaraghavan.K, Kovilpatti
It has the power to zoom on upper side anytime. Monthy MACD crossover happened but not reflected in share price. Now the time has to come to go upside on upcoming days. Keep stoploss below 132 levels. Thank you, Vijayaraghavan, Kovilpatti.
A top is made and one can enter into a short trade with 9525 sl for target of 9400-9350. Technical indicators: RSI - rsi is falling after making a high which showcases that nifty is losing it's steam. MACD divergence- MACD cross has taken place which supports our theory. Keep strict sl- 9530. *It is my opinion and i am not sebi registered* Comment if you...
The bank index witnessed pullback and buying the in the last two sessions. The prices are now just kissing a resistance level. 31800 levels may pose as a strong resistance for bank nifty, above which 32170, 32620 & 33500 seems possible. However any failure to hold 30900 levels will push banknifty down to 30000 zones below which banknifty may find support at 29500....
The stock has made healthy retracement and have now it’s resting on the Kumo. Today’s price action was quite convincing to re-establish the buyers into the stock. The RSI is taking support on the bullish extreme levels with MACD curling up indicating momentum is picking up. If ONCG gets overall support from Nifty, the stock is expected to pull up strongly from...
POSITIONAL TRADE IN PNB VIEW:- :-WEEKILY TRENDLINE IS ABOUT TO BE BROKEN :-MOMENTUM GAIN IN RSI :-POSITIVE CROSSOVER ON MACD :-ABOUT TO BREAK ITS 20-WEEKLY -EMA TRADE IN FUTURES NOV CONTRACT BUY@67 STOP@60 TARGET 1@75 TARGET 2@84 LOT:7000 QTY:2