NSE:SANOFI NYSE:SA
SANOFI TRADING STRATEGY - NEXT WEEK
Stock losing momentum after hitting BOLU and entering rangebound in a descending triangle pattern on 1D charts.
MACD line moving below signal line, Aroon Down has cut Aroon Up from below, and RSI moving towards its bearish support of 50-60.
STRATEGY
Short when price moves below the triangular support...
RSI strengthening , EMA crossing DMA , MACD Bullish crossover and Break of 1st resistance can strengthen Maruti price over short term and can lead to good uptrend. It is expected not guaranteed. All balls to be hit to have good gains . This is not a financial advice.
GO LONG
buy cadilahc
1. 0.618 retracement
2. MACD crossover
3. 200 EMA support
LAST 2 LINE ARE LINE OF SUPPORT
its already been an uptrend
Do share your view.
Hi Friends,
We are going to Analysis the Pharma Stock which was Fundamentally Strong.
P/E was very attractive as per the Fundamental at 7.81 whereas the industries P/E was around 27.25.
Company ROE and ROCE for the last 5 Financial Year was above 20pct
PEG ratio was very low at 0.35
Company was debt free and capital growth for last 5 financial year was above...
RAMCO CEMENTS trading at double bottom and it has broken its previous resistance and formation of triangle pattern looks very bullish and also supported by RSI and MACD indicators and the balance volume indicates oh high volume buying in day chart thank you ;)
Tata Motors is near to breakout 289 is a strong resistance.
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If its break the level, the next target would be 307.
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Macd is also giving the buy signal.
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What's your view on this comment below in the box.
The Ticker is showing an Ascending Channel.
It has a strong Support level.
The stock is showing a Triangle pattern at the support (the same can be seen on 30 July 2021).
MACD is generating a Buy Signal.
Empower yourself by 1st Understanding the Technicals behind the trade and then enter into the position and
never invest in something that you do not understand.
Bluestar Ltd - 27.08.2021
The stock has been a strong performer in the past 6-8 months
The strong resistance zone is 835 & the strong support zone is 790 (which is breached this week= week low @ 764
there is a MACD Bullish Divergence (Weekly), Stochastic Bullish Divergence (Weekly), prices are below ema at the moment
Let the prices go above 805
one can...
Triangular Pattern Breakout in ICICIGI
Has formed a rounding bottom consolidation and gave a breakout above 1500-1505.
Recent MACD crossover confirmed by Aug 18 candle closing at 1485.
Also supported by crossover in Stochastic RSI.
Can buy on retest around considering a byy zone of 1495-1515.
Expect a target of 1595-1600 .
Mahindra financial has been in the down trend from a long time and is in the over sold region. Price action and indicators suggest that this stock has reversed it's trend to an uptrend. Going forward the targets might be achieved over few weeks.
Target 1 : 163
Target 2 : 171
Although risk-off mood probe EURUSD buyers, a clear break of the short-term falling wedge resistance keep them hopeful ahead of the ECB Minutes and Jackson Hole Symposium speeches. It’s worth noting that bullish MACD signals and firmer RSI adds strength to the upside momentum that initially aims 200-SMA level surrounding 1.1785–90. Following that, the mid-August...
It is n verge of crossing its 200EMA which s at 9.7 and also RSI is reversing from over sold zone, MACD cross over is happening. Once it crosses and settles above 200EMA then it will go uo to 10.10, 11.3, 12, 13++ soon with a sl of 8 on closing basis. Today cash volumes are also very good. This is for educational purpose and any position shall be taken after...
