SUPPORT AT 108.50, RESISTANCE AT 109.50,110.50,115.
1)BOLLINGER BAND NARROWING
2)MACD -WEAKNESS IS DECREASING
3)WATCH FOR 1 WEEK,POSSIBLE TO REVERSE OR BREAKDOWN
The stock is set to break out of a rectangle trading range. The OBV has already scaled a fresh high. RSI markets a fresh 14-period high which is bullish. Also shows a bearish divergence against the price. Weekly MACD is sharply moving towards a positive crossover. Its placement in the Consumption space when plotted on RRG sports a favorable picture.
-Breaking out of a bullish wedge.
-Divergence on RSI, Stochastic, MACD and MFI.
-Heading towards strong resistance.
-A close over 173 should see the stock soar.
-Fundamentally sound company.
Not an investment advice. Do your own DD.
Disclosure: Not invested yet.
-Breaking out of the descending triangle.
-MACD buy signal.
-High volume green days. Accumulation days.
-Low volume red days.
-Inside day candle suggesting a yuuuge up move.
-A close above 155 can take it to 180.
Hey folks!
No time to explain...straight to the chart:
LTCUSD is about to break its local resistance level (see previous structures that confirm this argument). Moreover, according to the Ichimoku (20/60/120/30 - perfect settings for crypto currently) the price is about to complete the breach and hence there is a strong indication for the price to go even...
Scrip can be seen taking crucial support at 158 and has formed cup and handle formation. Any pullback could be opportunity to buy fundamentally sound company. I think once it comes out of the formation after some pullback, Should surge up to greater highs
MACD bearish convergence can occur when the moving averages move towards each other and can pullback the...
Formation of a minor double top was seen around 750-mark and after that the stock has seen an extended corrective move taking it well below the 200-DMA mark. Though the trend may not reverse, but the stock is set to see some technical pullback. An attempted to reverse the trend has been with some consolidation that was seen in the 560-575 zones. Daily MACD remains...
Nifty can move upto the target level. In weekly chart it is forming the left shoulder of Head and shoulder pattern. At that time RSI divergence may happen . Once it finished shoulder it may fall again. Let see what the chart telling on that time then we decide and confirm. Now buy upto the mentioned target. MACD crossover may happen upcoming days. It will helps to...
Inverse Head and shoulder pattern formed and daily MACD line crossover may happen on upcoming days. Target mentioned on chart.
Vijayaragavan
Kovilpatti.
Peaking out in the month of September 2017, the stock has not made any significant gateway since then. Presently, it has formed a double top at 5440 levels and is attempting to break out of this formation. Weekly RSI marked a fresh 14-period high which is bullish. Weekly MACD has shown a positive crossover and it is now bullish while trading above its signal line....
Idea is at support levels at 73.5 in the hourly charts and MACD has shown positive divergence. It could bounce from here and can keep on watch. Buy above 75, 1st target 80 by next week. Educational purposes only
Price has been continuously closing above 20 day SMA for last 4 candles (green line on chart).
MACD line (green) crossing above Signal line (red) in oversold zone.
Increasing average volumes.
Scrip can correct and show minro pullback as it had seen sudden surge although would be good oppurtnity to invest at support levels with double bottom
Rest in charts.
Bullish momentum sign
1) RSI indicator rising (sudden surge)
2) Promoter holding on higher side
3) MACD bullish crossover
3) Research report shows conviction of growth in the company which is also...
NIFTY clearly showing bullish divergence on hourly chart. NIFTY making lower low but indicators MACD and RSI not making lows.
Also, if we apply nifty fibonacci retracement for nifty uptrend from 7900 levels in December 2016 till 29th january 2018, NIFTY has retraced upto 38% level i.e. 9950. this seems to be bottom of this correction. SO, long nifty with SL below...
