FMCG has broken out of the channel and retested the previous resistance. MACD and Stochastic RSI are signaling buy. Since it is a festive season FMCG sales will rise. HINDUNILVR ITC and NESTLEIND charts look good, have them in your watchlist.
Happiest minds has been consolidating from the 16 July till now making a death cross on the bottom indicating a bright strong up move from here.
If u can see there were many instances to break the 1354 level on the lower side but the stock resisted there and after taking support from there it is ready to make an up move. This is supported by the RS Nifty where the...
Awaiting a breakout soon.
A Darvas Box formed (good consolidation)
It can also be seen as a Pole Flag.
Moving averages have been supporting the stock well.
MACD crossover has been made.
I am still not convinced...
Let me start by saying that I am the biggest bull, perma-bull, moonboy, lambo whatever or whatnot.
I am a strong Bitcoin supporter, fan, holder, promoter and everything 'YES Bitcoin!'
This last jump looks like a bear trap and Bitcoin might be ready to drop... Let's have a look at the signals:
1) Ethereum has been leading Bitcoin for...
Reasons and indicators to buy:
-RSI above 60
-Possible MACD Crossover (Possible...)
-Higher volume since the past 5 trading sessions, 1 MAJOR VOLUME BREAKER DAY BEFORE
Let's see what happens
Reasons and indicators to buy:
-RSI above 60
-Possible MACD Crossover (Possible...)
-Higher volume since the past 5 trading sessions (not significant though...)
Let's see what happens
Reasons and indicators to buy:
-RSI above 60 (59...almost there)
-MACD Crossover
-Higher volume than the past 5 trading sessions since the past 5 days (not significantly great though...)
GBPUSD rises to a two-week high after confirming the bullish head-and-shoulders chart pattern the previous day. The cable pair stays bid around 1.3655 inside a short-term rising channel during early Monday. Given the confirmed bullish formation breakout and firmer MACD signals, the quote is likely heading towards the 200-SMA level near 1.3710. However, any further...
Even if the stock has emerged from the consolidation phase and broken the 52week high, Still a partial profit booking has occurred last week itself there trade can be executed when the macd crossover for more conformation on the momentum
Our last move on Cyient was very successful and we were able to catch a 15% price increase.
This time around, similair set up is there. Bounce from Trend Support, MACD cross due, and EMA 9,21 looking positive. RSI is positioned perfectly too.
Expecting some upside movement here.
FSL seems to have reached its long term trend support and MACD seems positioned well too.
RSI is above 50 and bulls are in control.
It will be interesting to see if it breaks the trend here or goes on to continue it with an upside movement here
Infosys will announce its earnings later in 2-3 days and is expected to follow along the lines of its peer TCS.
EMA 50 has always been a good support for the share and MACD hasnt seent he negative zone since March 20 market crash.
It will be interesting to see if the share rallies from here and mantains its EMA support or corrects a little more to meet its trend support.
