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...
WEEKLY CHART TRADING ON RECTANGULAR BOX MACD BULLISH CROSS OVER HAPPENED ITS JUST MY OPINION
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.
All indicators are positive and Macd crossover coming on this week. Vijayaraghavan Kovilpatti
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.
The scrip has formed double bottom. There is divergence in the trend of price and indicators(RSI & macd) thus there is high probability of trend reversal. If the price break yellow trend(resistance) line then uptrend will start.
1) RESULTS OUT TODAY, NET PROFIT UP BY 41% www.moneycontrol.com 2) MACD BULLISH CROSSOVER
1) MACD BULLISH CROSS OVER ON DAILY CHART AND WEEKLY CHART 2) RSI IS NEAR 60
Technical details: 1) Stock has last week broken out of an one and half year downward channel with huge volumes and reached a high of around Rs 420. 2) In that process stock's 30 day ema has crossed 200 day ema. 3) CMP is around 345 meaning STOCK HAS CORRECTED FROM A HIGH OF 420 TO 345. 4) 4 HOUR CHART REVEALS HIDDEN BULLISH DIVERGENCE VIS-A-VIS STOCH 14,3,3 /...
NXT going to increase to 0.587$ in short term as it can be validated from BB and Fibonacci (0.236 level). MACD is crossing the zero line and RSI is rising above from oversold region, both are giving positive signals for NXT. Disclaimer: This chart is just for informational purposes and not an investment advice. Please trade at your own risk.
WEEKLY MACD BULLISH DAY CHART CONFIRMS THE WEEKLY BULLISH TREND
After witnessing heavy buying, the script in moving consolidation phase from a month. MACD and RSI indicates divergence. Biocon short trade idea. SL - 556 Target - 486
candles are in triangle pattern, macd is near 0, if it breaks down the 0 and price down to 210 it becomes stop loss (or) the target 270 will be reached in two months .
AS WE CAN ALSO SEE AN UPWARD CONVERGENCE ON CCI & MACD HISTOGRAM WITH SHORT HAND ABOVE LINE ZERO & UPWARD CONVERGENCE ON RSI. THIS WILL GIVE A MOMENTUM UPWARDS. *BE CAUTIOUS BEFORE TAKING ANY BIG TRADE AS ALL OSCILLATORS SHOWING OVER HEATED. USE STRICT SL OF 10690 FOR ANY TRADE.
It has been observed that the price action rallied a long wave up. It made a new high but could not sustain and now indicating further correction from here on. MACD indicating a negative crossover too. T1: 1350 SL: 1450