MPHASIS
CMP 880.
Monthly chart.
10 year high breakout observed at 795-800 with good volumes along with rising MACD histogram.
1200 plus expected from medium term perspective.
Stop should be at 730.
Stock was in intermediate downtrend and formed Bullish harami on weekly close 25th Jan and stock closed above EMA (26)
MACD has also moved above signal line
Bullish for short term
Not a SEBI registered investment advisor
Please consult your financial adviser before making any investment decisions
This idea is purely based on my analysis, not a recommendation to trade
Stock is in an uptrend after reversing
from a prior downtrend
stock has taken support from the support
line of the channel.
Stock took support and started moving upwards...
COINBASE:BTCUSD
Weekly chart is primed for bullish reversal.
Dragonfly Doji candlestick is a very bullish reversal indicator.
MACD is about to bounce (it tends to never cross down with BTC).
Stochastic RSI is setting up for an upwards crossover.
crude rally has been good so far some consolidation here is expected the break of trend line and day macd moving below trigger, however this wont be a time to short ,personally i only track crude for study purpose and its importance to the economy ,
Ucal Fuel
CMP 310.
Stop 220
Target 425 plus
1) Breakout with huge volumes
2) Stock has pierced past the upward sloping resistance line.
3) STOCH + MACD looking positive confirms possible momentum building up.
TRIGYN
CMP 176
Target 270 plus
Stop 115
Another perfect technical combination observed in this stock.
Breakout
Volume
RS
MACD
Any queries in this strategy or any of my other strategies pls do not hesitate to comment.
Symphony
CMP 1887
Stop 1400
Target 6800 plus (4x returns).
(minimum holding 1 year plus).
Stock fulfills basic criteria
1) Breakout of a long consolidation zone.
2) Above averge volumes accompanied BO. (Volumes not properly displayed in chart as its scale is masked by one of the huge volumes in the left zone of the chart).
3) RS spike above average.
4) MACD...
A typical high probability setup example and also the possible mistake of impatient traders post purchase and the cost of the mistake.
FOLLOW THIS METHOD AND SEE YOUR RESULTS A YEAR LATER. YOU WILL REMEMBER ME AND THIS POST.
Illustration is PCJewellers chart.
(This is only an illustration. This is not a trading call on PCJewellers stock).
Refer the accompanied...
Seshapaper
CMP 1099
Stop 775
Target 1500 plus.
1) Stock has broken out of the consolidation zone with good volumes
2) RS / MACD / Stoch all satisfy buying conditions.
3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
Sadhbav
CMP 411.
Stop 320
Target 800 plus
1) Stock has broken out of the consolidation zone previous month with above average volumes.
2) Stock currently in a cosolidation phase post breakout.
3) Breakot out accompanied by spike in RS and also bullish MACD and Stoch oscillator.
4) A similar previous breakout has produced 100% returns (2x). Hence the expected...
RK FORGINGS
CMP 850
Stop 720
Target 1200 plus
Monthly chart
1) Stock has completed a W pattern breakout last month with above average volumes. Rising leg of the W pattern has seen significant increase in volumes.
2) Stock has been consolidating this month as seen from low volumes and low volatility.
3) W pattern breakout accompanied with spike in RS above its MA...
HAVE A WATCH.
Shakti pumps.
CMP 532.
Weekly Chart.
LONG PREFERRED ONLY ABOVE 560. HENCE DO NOT BUY IF PRICE DOES NOT CROSS 560. VERY IMPORTANT.
Target 650 plus.
Cup formation in progress in weekly chart.
MACD showing bullish signs.
IT HAS TAKEN SUPPORT ON THE BASE LINE OF THE TRIANGLE AND COULD INCH TO MOVE TOWARDS THE UPPER LINE. ALL INDICATORS SUCH AS CCI, MACD AND RSI ARE ON OVERSOLD ZONES AND A TECHNICAL PULLBACK FROM HERE COULD INCH IT TOWARDS 410 LEVELS AND A BREAKOUT FROM THE TRIANGLE CAN SHOW US A NEW RANGE.
