Interesting ,as monthly ,weekly, daily all time frame frame showing
almost same clean pattern of similar like Inverted H&S pattern.
and in candlestick as well as line chart.
all time frame rsi/macd indicator on up trend and still leaving space for more upside,
for those who take long.
BUT from recent low level 285 of march'20 , now it is reaching towards
...
After good downtrend ,Bajaj Auto forming bullish base. You can clearly see rising macd over last six flat consolidation. And breakout in Obv which confirms the bull are active.
While major currency pairs dropped notably the previous day, as Fed tapering concerns propelled the US dollar, the GBPUSD remained far from bear’s reach despite refreshing weekly low. The reason could be linked to a one-month-old rising channel. The cable pair teases the channel’s support, surrounding 1.3785, by the press time of early Friday. Even if the quote...
Breakout from a Symmetric Triangle and also
A sort of Ascending Triangle is being formed.
Awaiting Breakout.
Ride the change in sentiment with the bullish momentum kicking in.
MACD looks positive for a good up move.
A MACD Crossover with RSI strengthening and the candle staying above the support is also above 50 and 200 day EMA. purely on technical basis.
can be risky as market is ATH and can go either way. Do your own research.
Hi Friends,
Pranam!!
We are going to analysis the BankNifty FUT with a weight average of the Big boss's
( Top 5 Weightages of Bank Nifty - HDFCBANK+ICICIBANK+AXISBANK+KOTAKBANK+SBI)
1. Support and Resistance:
D(Daily TF), W(Weekly TF) and H (2Hr TF)
Horizontal Support Horizontal Resistance
34271-34674.50(D) 36341-36595 and...
Break of VCP with good volumes
MacD shows a turnaround too
Stock was able to sustain 21EMA as well as 50DMA
As long as it stays above 920 It looks bullish
Maybe ready for ATH again !!!
Gold keeps losses rolling for the second consecutive day, extending Tuesday’s U-turn from 200-DMA amid the initial European session on Thursday. While the descending RSI and bearish MACD favors sellers, a monthly rising support line near $1,785 challenges the commodity’s further downside. A clear break of the same will direct the quote towards the late-August...
Game Over For IT Stocks ???
Bearish Engulfing On Daily Charts & Spinning Top On Weekly Chart.
MACD Also Turned Negative.
Profit Booking Might Take Place In IT Stocks.
Be Cautious
SL - 35600 (DCB)
Heritage foods - Trendline breakout with bullish engulfing candle on downtrend and in correction upon the support. MACD also shows bullish signal..!
Expected target 9% up @ 500 lvl - Check out the chart .
Please do your own analysis before investing..!
Price - 1546.80 Dt. - 15.09.2021
The stock broke the level of 1520 after multiple attempts in August end. After that stock move rapidly and decided to retest the support level. On the 15th stock opened in red but closed in green with higher than average volume. RSI is showing strength and MACD is normal. Stock can start moving up from tomorrow or may go to...
As we can see #mothersonsumi system has formed an inverse cup and currently forming a channel where we can expect few levels for a short-term period.
Below is the level
Level 1:- Closing and Sustaining above 221.95
Level 2:- 230 (Once this target is achieved we can expect a shortfall followed by a small bull run)
Also, the indicators are showing a good buying...
after a sharp downtrend recovery is seen in past week.
price has sustained post recovery and fresh breakout is seen
RSI buy signal
MACD already crossed
Supertrend buy signal
Price has been consolidating around the 38.2% - 50% fib range/ 21 and 50 ema. It has even formed a triangle pattern. MACD and Stochastic RSI are signaling buy. A strong close above 2700 would be a good buy confirmation.
