First break up attempt on 8th may with week volume. Second breakup attempt on 26th May with over 3 Million volume. Third breakout attempt on 15th june with over i million volume. Performing better than Nifty RSI. MACD moving towards crossover.
Watch out for Positive breakout in the coming week.
Join Telegram - Bull Tracker
Only for Education purpose.
Daily charts of Minda Industries shows breakout from a crucial range (purple). After that a retrace is being witnessed. Retrace is expected till the purple zone.
Look for buying opportunities after the retrace and wait for confirmation candle. Also, after the retrace and a confirmation candle (with a good body and volume) it will also become a flag formation...
The chart forms a cup and handle pattern supported by high volumes in the counter.
The other technicals are supporting the probability:
RSI - 68 (Since it is not in the oversold territory it makes room for higher profits)
MACD is above the centre and signal line which is another bullish signal
ADX - 42 (It indicates the strong trend of the movement, which is...
Almost all the markets going in red will be a major factor on Monday. Market has been moving up but the momentum was dying since last few days. Here is a comparison chart with Nasdaq. It is amazing to look how the indices made similar moves around similar times. In short, 10% correction is quite possible in near short term. This view goes along with other stock...
Aarti Drugs Ltd - 18.06.2021
The stock has made a low of 709 during the week of 14.06.2021 - 18.06.2021
There is a MACD Bullish Divergence in Daily Chart
Prices are below ema
Let the prices go above 735, one can initiate a long position with support @ 705
watch out for the price actions
NSE:NTPC Be on long position till closing is below 116 with a target of 124
stop-loss (intraday ) 116.35
stop-loss ( closing basis )114.75
( Avoid taking new position, already having a position tail stop losses to have meaning full liquidity in pocket )
indicator and rating
RSI (98.02)
Buy rating- 0.5
Neutral Rating- 1
sell rating -3.5
MA/ EMA cross over
(...
GMMPFAUDLR
Has given good money once, can do same again.
Will wait for confirmation on Daily charts.
On weekly charts selling volumes have been falling.
RSI Above 50
MACD in positive area.
Don't hurry to trade, wait for proper confirmation.
***DO YOUR OWN ANALYSIS BEFORE TRADE, PROFIT AND LOSS IS YOURS***
Great Upflag breakout seen with huge volumes and also closing above R3 pivots with macd bullish crossover as well, looks good for trade up to next resistance which is at 586 and can trail your stop loss. Can keep it on your watchlist.
Trade at your own risk. only for educational purposes.
Thank you.
An amazing inverted head and shoulders pattern breakout can be seen. volumes are huge,(macd bullish crossover). broke R1, R2 pivots with a big green one looks bullish. can be a positional trade up to a target of 277 i.e next resistance R3 and stop loss can be kept at 240 or can trail according to your choice.
Trade at your own risk.
Thank you.
check between 23 July 2018 to 27 aug 2018 with same Bollinger Band chart on weekly basis.
Will history repeat this time for a small crash/fall. Please be caution.
Check weekly MACD for more cofirmation too.
#Nifty
Manappuram Finance Ltd - 17.06.2021
The stock has made an intraday low @ 162.40, breaching the low of previous day candle @ 165.85
There is a MACD Bearish Divergence in daily chart which is confirmed today after the previous day low is taken off and prices are below ema
one can initiate a short position @ 163-164 levels with resistance @ 166.50 for targets...
I THINK BHARTI AIRTEL CAN BE SHORT
BECOZ THERE IS HEAD AND SHOULDER PATTERN IN DAILY TIME FRAME
STOCHASTIC IS DOWN
MACD IS DOWN / RSI COME TO NEAR 30 & ADX IS RISING
THAT'S WHY I AM SHORT IN THIS WITH MODERATE TARGETS
down trend broken uptrend slow and steady penny stock so party fund can be invested stoploss 7 rs tg previous highs if u can ride it with the secular bull run stocks like this especially when the sector starts performing get an advantage already positive on the monthly and weekly macd bulllllish
Technical view: Chart pattern: Cup and handle breakout, RSI: Bullish, ADX Bullish, MACD Above signal and center, Trading above all SMA. Buy SPARC at CMP for 400+ levels, horizon: 6W, SL: 200.
The MACD indicator is above signal line and recently crossed above zero.
Price has taken support from important Fibonacci level while retesting.
114 levels are crucial. Once crosses with good volume, big move is possible.
The scrip has not tested any support level for a long time. Sit back and wait for it to test 378 as there is a trend reversal. MACD shows reversal in trend and Stockh RSI could not do the bullish cross even though its oversold. Short the stock if you're holding. Spinning top, shooting start (follow white arrows) and bearish engulfment (red arrow) pointing towards...
