ICIL' is highly over sold and completing a pattern. MACD is below zero line showing bearishness,
still hopes, that it can improve any time, as the PINK line mark shows an upcoming PD.
It seems like we are in the end of a Wave C of an abc' correction, which I mentioned in my frirst post even , doubting the correction to be continued. Actually I was expecting a...
Scrip had been trading in a channel or consolidation phase since 159 days (5 months approx.) with three reaction lows and two higher highs, now to breakout from consolidation channel with higher volume surge aiming towards TP as mentioned..
However, Dark cloud cover pattern has been formed on day 2 which is bearish candlestick reversal pattern, similar to the...
Kajaria ceramics has formed two pattern which are very strong and bullish patterns in nature.
The only difference is the time-frame
It managed to form "Double Bottom" on daily chart(strong buy)
It managed to form "Ascending Triangle Pattern" on weekly chart(positional long call)
I am happy to see that the price has broken out of both these patterns in the...
one can stay in buy @cmp sl below 300 target 325-335-350 soon in case if you wanna be very much sure you can wait for macd crossover ...stay blessed.............one thing this is just for education purpose if you like it and understand then only trade
GMR INFRA has seen higher volumes today with a 10% positive move today. MACD may be turning and ready to give buy signal. Break of resistance @ 20 Rs will target higher levels of 23-25 in the coming weeks.
