I see a nice symmetric triangle formation in the daily chart and the accumulation has happened since a long time. RSI is high, but i think there is some more room for the buyers. MACD seems to have confirmed the uptrend. The candles are at the resistance line and on the verge of a break out. Watch out! I'd like to go long around the dotted resistance line. Any...
A tiny bullish pennant formation is seen in the daily chart . It has consolidated for long within this formation. MACD and RSI are looking good. I'd go long just when it appears to break out. Target 1 - If it breaks out of the pennant there is a probability of it testing the fib0.618 resistance Target 2 - if it manages to surpass the above then i am sure it'll...
A tiny bullish pennant formation is seen in the daily chart. It has consolidated for long within this formation. MACD and RSI are looking good. I'd go long just when it appears to break out. Target 1 - If it breaks out of the pennant it'd test the fib0.786 resistance Target 2 - if it manages to surpass that then i am sure it'll hit the previous ATH and may go...
pair exhibits a corrective price pattern, the consolidation has ended with a WXY move, with MACD and RSI divergences in agreement a bull market is prominent. A long position here will be rewarding, primary target 1.8000.
I see an uptrend coming. MACD will confirm it in a bit, but RSI looks good. It'd be fairly safe to go long slightly above the blue trend line once the uptrend is confirmed. If it falls, it'll find support at the channel. Appreciate your feedback, thank you.
I will take very light positions like 80-100 qty as testing purpose, wave 5th mean Diversions in MACD that mean it will take more time for upside. so capital will be stuck.I would like to keep the SL 91 for the destination of 150++. let se when target or SL come.
Amaraja Batteries vibes some bullish signals thru indicators like BB Squeeze, RSI+MACD Divergence. It shall become buy once it closes above 705 for target of 750. Not advisable to buy on ranging zone.
Going forward 25000-25100 will act as support, till holds expect upmove towards 25700 Above 25700 rally will further strengthen upto 25850 & 26050-26250 & face resistance. Break and sustain below 25000 with volumes will witness profit booking upto 24800-24550 levels Technically, Key Oscillators RSI, Stochastic & MACD are above their respective averages on the...
Going forward 10200-10240 will act as support, till holds expect upmove towards 10350-10390 Above 10390 rally will have further strength upto 10500 Till 10180 which is 38.20% retracement of entire upmove from 9687 (28 Sept) & 10490 (6th Nov) & 10260-10200 which is 61.8% & 78.6% of entire upmove from 10124 & 10490 holds, index could continue upmove upto 10500 and...
Double bottom break out and oscillators are positive, MACD cut in weekly chart. These indicators may help it to move up further Target: 21.5-21.8 range. Stoploss: 17.90 Vijayaraghavan, Inditrade, Kovilpatti.
dredging corp(monthly candlestick) trading near resistance & macd> macdSignal and rsi is increasing. will it cross and reach to its all tym high or will close below facing resistance. Any views?
NSE:IRB may go for consolidation now. Its high in RSI and MACD is showing reversal in trend. Stock has also made a strong bearish engulf today. CMP 338 Sell below 335 Target 315 Strict SL of 352 and Closing basis SL of 246
Bank nifty facing short term selling pressure on the back of negative MACD divergence. May turn up after filling the first gap area?
JetAirways has landed in crucial support line, breaking that it may slide to 445. bouncing from the support may take this upto 505. Indicators favors long RSI & MACD Made divergence. BB squeezed down and look like upmove set up
It was observed that Ascending Triangle formation forming in RIIL. MACD also about to crossover.
Scrip has already crossed the price target defined earlier with bullish harami in motion. Breakout from ascending channel could result in more effective buying henceforth, resulting in major surge Planning to enter intra-day with price level mentioned in chart aiming towards Enter above 975 (Post confirmation) TP - 980, 987, 993, 1000 Sl= As per risk appetite...
Narrow bandwidth in Bandbollinger band, above avg line in BB band,Rsi positive,MACD line crossover in weekly chart, ADX positive in dialy chart also will helps to move further levels on upper side. Targets are from trend lines( not shown in graph) 570 590-602 616 636 Stoploss : below 516 on closing basis Vijayaraghavan Inditrade, Kovilpatti
BankNifty' is trading at a channel resistance with indicators over bought, doesn’t show any weakness, same way MACD also looks very bullish, expecting a target 26366 this week, where as, if the boarder market is bearish due to external reasons BN will have support at 25395. BankNifty': 25651 Day Pivot: 25580 Above 25759 today’s Resistances are...