Just look at KSL forming a text book bullish divergence on both MACD & RSI. Pick up this stock now and watch it go up!
With infra & housing in demand, KSL is one of the major beneficiary who will supply steel products to these sectors.
Please support and let me know your thoughts
Targets : 1180-1225-1300 Buy range : 1090-1100 Stoploss : 1015 Duration : 4-5 weeks
Outlook :
After a strong up move in the last 6-7 months of 2017 from | 667 to | 1218, the share price of Centurytex entered a secondary corrective phase during May 2017 to work off the extremely overbought conditions developed after the strong rally.
The price wise...
Targets : 1685-1712-1740 Buy range : 1625-1635 Stoploss : 1560 Duration : 3-4 weeks
Outlook :
The share price of ACC has recently registered a resolute breakout above the short term falling trend line joining immediate highs of May 16th, 2017 ( 1740 ) and June 2nd, 2017 ( 1671.95 ), currently placed at 1638.60, thus provides fresh entry...
The scrip has taken sharp correction with sharp sell-off created a MACD bearish crossover with RSI (oversold) from support level
Bulls could be able to take the ride for now after consolidation
Company with strong fundamentals and also (Price to book value: 1.06)
TP = 206,210,223 (nearing to 52 week high)
Call - 20-40 days
Story of extended wave says a minimum to wave end 3007 is passed
and it went down to the 62% retrace of the last leg now.
And it can retrace to 2246 or even to the entire 5 comes around 1386.
The pharma' sector is not yet showing a consolidation or any recovery.
CNXPHARMA' weekly MACD is below zoro line...
AB=CD dedicated to Mr:B (insiderB) :D
Targets : 192-185 Sell range : Below 225 Stoploss : 251 Duration : 3-4 weeks
Outlook :
Attached Daily chart of (CROMPTON) a participant from sector Electricals products, is showing a bearish momentum as per western technicals, Heikin Ashi chart analysis and momentum indicators.
Recently, the stock prices have staged a breakdown from lower...
Fag Bearings India Ltd is having a strong fundamental, and a good stock to have in ones portfolio.
Currently the the stock is trading near its support level, like the other one I posted today in AKZO,
(A CONFLUENCE OF TREND LINE & 89 EMA SUPPORT), but the MACD doesn't comply an upward move.
If sustaining above the trend line it can give a hand some return.
Weekly flag breakout with high volume.
Target is open but acc to pattern given as height of the pole.
SL is place at the low of last candle a.k.a new support.
Targets : 265-275 / Higher Buy range : 245-250 Stoploss : 224 Duration : 3-4 weeks
Outlook :
The stock price as per daily timeframe has been moving in a consolidating sideways range over last few weeks and has been moving consistently making similar tops and higher bottoms (black converging lines).
After showing such decline of the last few...
RSI also broken out of uptrend channel, MACD line also pointing upwards.
PAGEIND have posted good results for Q4 and shown good growth yoy & qoq.
I am long at 14382.45, lets see where this 'JOCKEY' take me to.
YESBANK says yes.. lets go for long..
Its Maintaining trend line.
RSI strong, MACD also good.
Why not go for long? Iam expecting 1620-25.. let me know what u think.
Overall vedl is in positive direction.
We can see rock solid RSI
MACD attitude also positive.
It has already print 3 top @ 245.
Whenever it touch 200 moving average it get bounce from there.
Right now VEDL playing in its range and very near to 200 MA.
We may see 223-225.. and bounce from there.. It may go 245 if break 248... then next target would be 275
Guys...
Bearish Engulfing pattern formed with significant volume. Closed near day's low. MACD in imminent bearish crossover. Aggressive trade, keep trailing stops and use indicated zones to book profits. Dow theory suggests that this could be the completion of Double top pattern with significant resistance at 1170 levels
![DRREDDY: DR reddys:2624 minimum target 2246 wave [c] is on](https://s3.tradingview.com/l/Lddffj7v_mid.png "DR reddys:2624 minimum target 2246 wave [c] is on")
