POSITIONAL SHORT TRADE ON HDFC BANK AUGUST FUTURES 1-BEARISH MARABUZO CANDLE 2-RSI COMES BELOW 70 FROM ABOVE 3-MACD SHOWS LOSING MOMENTUM SHORT TRADE SHOR@2130 STOP@2145 TARGET@2105 LOT:500 QTY:1
Sun Pharma is testing a resistance level . Breakout expected on either side but most probably expecting upwards due to bullish MACD .
Short once the green level breaches as the stock looks weaker . Also, a double top / H & S pattern reversal with bearish MACD . Good short opportunity till the next support .
Ascending Triangle On fortis . Also bullish MACD on 1 day t/f . Good opportunity for a brisk profit after breakout .
DALMIABHA can be bought for swing trading. Price crossed above EMA 50 which shows the trend is up. Also after giving breakout of EMA 50 it is in pullback mode and it has formed inside bar after pin bar. MACD also confirms an up trend and facing up and also above zero line. Risk Reward 1:2.
A good triangle breakout today with good volume . A clear winner with bullish MACD .
Parallel channel breakout on wockhardt. Good long opportunity with bullish MACD
Central Bank is testing long term support resistance level . MACD bullish signs , good long opportunity once green line broken .
ONGC testing long term resistance level . MACD positive cross over . Good long opportunity once goes above the green line .
Gail 1D chart shows that it is above 100 EMA. Supertrend has shown buy signal. MACD is above zero line and bullish crossover moving upwards. There is resistance at 390 and if it manages to break, it will move higher. CMP 374.60 It created a double bottom at the support line and broke the resistance of 349 then went higher.
Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend. I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently. The chart respects the strong support pink line and on july 2017 it broke the green...
Presently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts. If it breaks the upper resistance line above 660 level it can give a good move. MACD is above zero line with bullish crossover. Keep watch on it for future price movement.
ITC is looking strongly bullish after breaking the neckline/ resistance of the triple bottom pattern. Overall long term trend is bullish as the price is above 100 EMA. It may rise to 20-30 pts and if it crosses 330 in the near future it will go much higher. The MACD line crossed above signal line and moving upwards.
PIDILITE CMP 1123.80 HA Candles broke the resistance line and closed above it. MACD line is above the signal line and going upwards above 0 line. The stock is in an upward trend and HA candles is above the 20 EMA which shows positive upward movement. 30-40 points of upward movement can be achieved. It may show strong movement if it crosses 1180-1200. As of now...
The HA candles have broken the resistance line and supertrend has shown buy signal. HA candles have crossed 20 ema which is a positive sign. MACD line has crossed above signal line and is going towards zero line. New candle formed above 20 ema. one can go for long short term trade.
-Beautiful Ascending Triangle formation in Relaxo Footwears. -MACD turning bullish. -Volume action not looking great, so I'll wait for a break on high volume before going long. Not an investment advice. Do your own due diligence.
BEML testing this long term resistance/support level since 4 years . Good long opportunity only after resistance breaks . MACD on a positive cross over . Oscillator with a bullish divergence .
Possible break out expected the upper side . Positive MACD crossover. And bullish divergence confirm strong chance for a long breakout.