Hero spot cmp 2820
Time frame :- daily
Study :-chart pattern, harmonic
Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi
Good bullish formation
Can give 10 to15% upmove from current levels...
Voltas wolf wave formation with positive divergence on RSI and MACD,, MACD on verge to give positive cross over,,
Counter can give 7 to 10 % up movee
Good long candidate,,,,
chola finance wolf wave formation,, with positive divergence on RSI and MACD indicator,, RSI have given breakout from falling trend line and MACD have given positive cross over,, looks like the retrace ment for the counter is over,, good to go long for 10-15% up move,, once breakout is confirmed
Good long candidate
KAJARIA is showing strong BB Breakout with favourable MACD Crossover and RSI. Currently, it is witnessing good volume and has strong momentum to give a good upside rally if it breaks the resistance of 1070.
Buy around 1070 levels for a short-term target of 1240.
A perfect Inverted H&S pattern is formed in LODHA. Stock is also favourable as per RSI, MACD, BB, and S&R levels.
Buy at current prices for the short-term target of 1400.
This is an education post of understanding some possible reasons when a correction happens
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Few Reasons for Nifty's Bearish Outlook (Short term)
1. Negative RSI Divergence - Price goes up and RSI goes down
2. Break of Rising Wedge Pattern
3. Break of previous swing low (17160)
4. Previous peak rejection making the 18100 as a double top
5. MACD...
First time trading this strategy on Stocks. Price recently reached the bottom of a Channel. I spotted a possible Hidden Divergence on the MACD. Price also recently rejected off the LuxAlgo False Breakout Zone (Highlighted Blue). 3 signs of a possible reversal, Momentum is also headed upward on the MACD. Stop Loss is set at 13.10. I plan on holding this until it...
📊 Script: VAIBHAVGBL
📊 Sector: Diamond, Gems and Jewellery
📊 Industry: Diamond Cutting / Jewellery
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it .
📈 Script is giving Double Bottom Breakout we may see some good rally.
📈 Already crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Script may give some profit...
📊 Script: SOLARA
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 Already Crossover in Double Moving Averages and MACD.
📈 Right now RSI is around 61.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 440
🟢 Target 🎯🏆 - 474
⚠️ Stoploss ☠️🚫 - 425
⚠️...
📊 Script: NTPC
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
Key highlights: 💡⚡
📈 Script is trading near upper band of BB.
📈 Already crossover MACD.
📈 Double Moving Averages are on urge of crossover.
📈 Right now RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 351
🟢 Target 🎯🏆 - 374
⚠️ Stoploss ☠️🚫 - 343
⚠️...
📊 Script: NMDC
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 Already Crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 57.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 224
🟢 Target 🎯🏆 - 243
⚠️ Stoploss ☠️🚫 - 217
⚠️ Important:...
📊 Script: MAHLOG
📊 Sector: Logistics
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is giving breakout of Descending Triangle in Daily and Weekly Chart.
📈 It is trading at upper band of BB and giving breakout of it.
📈 Already Crossover into MACD.
📈 Double Moving Averages giving Crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
...
i usually dont post on indices but this analysis will help you for both indices and stock analysis
but will be much useful for option buyers as stock buyers they wont lose if stock is side ways
guys usual learning rsi below 30 oversold above 70-80 over bought different people take it differently
and macd above center line buy below center line sell, or in...
Reasons for taking trade
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1. Breakout with volume on Weekly charts.
2. MACD showing bullish signal on Weekly time frame.
3. Company came out with very good net profit in results.
4. Price crossed over 20MA, 100MA & 200MA on daily charts.
My Opinion
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Though MACD is showing a bullish divergence on Weekly charts, On daily...
Hello Friends,
Here we had shared possible Elliott wave counts on chart of TPL Plastech ltd. which is showing currently we are in impulse wave, we have completed wave (1) and wave (2) of some degree, & now possibly we are unfolding wave (3), in which we had completed wave 1 and 2 and possibly now we are unfolding wave 3 and again in which we had completed wave...
TATA Chemicals has been showing signs of a potential trend reversal in recent days, as the stock price has been trading within a tight range and forming a bullish pattern. The market trend analysis suggests that the stock has been consolidating after a prolonged downtrend, indicating a possible shift in sentiment. The price action of TATA Chemicals has also been...
This one stock is roaring bullishly in this bearish market, the stock has been rallying since the last three sessions and there seems to be no stopping in near time. After yesterday’s 4% rally, the stock again surged 4% in the early trade, as its demand is not seeing any signs of suppression. Finally, today it has given breakout with good intensity of volumes on...
