AMARAJABAT: @ 849.75
Is Back to Back HARMONIC ?
Possible Decent Upside AHEAD.
Scenario #1: If Formation towards Harmonic Bearish GARTLEY , TGT: Nominal Upside & Should be @ 912+
Scenario #2 : If Formation towards Pattern "W" , TGT: Decent Upside & Should be @ 977+ ( May Be in Between @ 959 - @ 981 )
Scenario #3 : If Formed Harmonic Bearish CRAB TGT Should...
Symmetric Triangle formation on Tatachem and may break either side but currently seems like to break on downside. MACD also currently on below '0'. Anyway this pattern may break either side so trade only after break out happen.
Trade for Long:
Buy above - 626.50
Target 1 - 635.50
Target 2 - 644.00
Stop Loss - 613.50
Trade for Short:
Short below -...
Very long narrow trendline about to break on coming days and it may leads to fall. MACD not completely bearish trend but bearish on bullish trend.
Trade:
Short below - 1110
Target 1 - 1088
Target 2 - 1069
Target 3 - 1051
Stop Loss - 1130
Note - There is a Range on Target 2 & 3. Avoid confusion on targets, if the target 1 hit then keep change the stop loss...
metal index saw a good up move in last 2 days .rsi has broken the symmetrical triangle on daily chart and index is approaching rectangle top and a falling trend line . price behavior and rsi suggest we might see a breakout in coming days.
now lets analyse major heavyweights of metal index -
1. TATASTEEL : TATASTEEL
stock after giving strong result showing its...
TORNTPOWER: @ 187.10
Powered by DIVERGENCE Power.
Detail of POSITIVE Divergence along with Indicator Value , Start & End Date:
Divergence Start Date Close I_Value End Date Close I_Value
RSI +VE 13/06/2017 183.45 30.94 19/06/2017 181.55 31.42
OBV +VE 13/06/2017 183.45 3.187E8...
Hi,
A Bearish butterfly is near to its D leg completion on 15 mins chart of DIshman Pharma.
Both RSI & MACD Histogram indicates bearish divergence.
For Entry, wait till D leg to complete & watch price action.
Trade levels highlighted on chart.
Trade with care
Gulz
13 Jun 2017
Bank nifty has been breakdown recent low, might be start the downtrend.
Level 23200-22900, here is one swing high possibility approximate target 23477-23570, watch for pullback or pullback breakout above 23650 then make new high instead down trend confirm
Divergence: 1 hrs, 4hrs, Daily
Trend up but MACD down, so i will wait & short from pullback...
For a year, the stock has been trying to break out the current resistance umpteen times. Yesterday huge volumes were witnessed with a positive indication on MACD & RSI.
Buy above 29
SL - 28.35
Tgt1 - 32 ( 10 % )
Please provide your valuable feedback which would help me improve my ideas each time.
Stock has completed forming a double bottom or rounding bottom or whatever you want to call it.
MACD and RSI shows positive divergence. If 480 can be breached, Tgt1 - 504, Tgt2 - 532
Thoughts please!
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...
![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")
