Look at the RSI AND MACD perfect to go long with STOP @ 1030; Currently cmp 1079 tARGET 1150/1225
Currently MCX is at 1163; formed a rounding bottom pattern also trying to breach the falling trend line. RSI and MACD giving hints to add fresh longs in this counter with stop at 1130 target could be 1240/1300++
BSE:ALKALI scrip is moving in a triangular pattern and have given a trend-line break out MACD turning green too! Go Long for 100!
AMARAJA Battery has shown breakout of the trend channel pointing upwards for potential tgts 890 and 902 levels. A close watch on CCI and MACD also suggest upward price movement. One shud maintain strict SL as mentioned.
Torrent pharma broke out of a 'Falling Wedge'. I think it will retest the previous high atleast and if it breaks that high and goes beyond, we might be in for a big move. For now, a retest of the previous High is a good target to look at. Bullish Hidden Divergence on the MACD seems to support the idea of an upmove.
Nifty seems to have completed a Running Flat pattern with a 5 subwave in Wave C and has broken to the upside. I am looking for a Trend continuation to the upside with a target at 9660 as long as the lower channel of the 240 trend line is not broken. Also, there is a hidden bullish divergence on the MACD which supports the bullish view.
Kesar has moved and broken its crucial resistance level of 58.00 its inching higher towards to see 70 again, Both MACD and RSI indicators are giving bullish signals on daily charts. CMP - 61 Target - 68-70 Stop loss -55
The scrip has a long term trend line break-out ; and also macd turning bullish..I would prefer to go long at CMP 48.50 add in dips around 45.5, stop loss 40 Target 55/60. ( 2 Months time frame )
BSE:KRBL Moving upwards breaking crucial trend line srip to inch higher post breakout and expected to give almost 30% gains in long term MACD giving bullish signals coupled with positive moving averages. CMP 436 immediate Target 500 Stop loss 420
Fortis has given a break-out already. im a bit late in spotting it, but nevertheless still didnt miss the bus. Well look at the MACD beautifully crossover ; RSI at comfortable zone still has some steam left. CMP 204; stop 175; Target 235/250.( 1.5/2 months)
Short Havells aim for the TGT zone.
Scrip inching higher and closing above 60.00 i.e Major resistance levels will confirm bullish move MACD giving bullish signals on daily chart as well! Immediate Target - 67.50 Stop loss - 53.80 (Immediate support level) CMP - 59.70
Scrip has been making new highs lately however its taking resistance at 165 level, positive breakout above 165 levels could take scrip inch higher upto 176 levels. MACD giving bullish signals on daily charts Go long on the scrip.
Closing above 36.80 levels could trigger breakout rally in the stock, resistance levels are seen at 38.6 5 and 41.15 level. Indicators like MACD giving bullish signals on Daily Charts. Traders need to keep eye on closing levels today.
THERMAX Stock price has broken the crucial resistance around 945 - 960 on the weekly charts. Short term moving average has Placed above the long term moving averages and It has been created a long term trend reversal on Weekly Charts. MACD oscillator has showing strength and Trading above its signal and equilibrium line. So One can Initiate a Long Position in ...
At channel resistance. Fibonacci Level acting as resistance. MACD Negative. Bearish harami on weekly chart.