Hi,
For people who are saying that Nifty has fallen enough and is now ready for pull-up, sorry to say, there is no such evidence anywhere on horizon. Let us examine one by one as I normally do:
1) FII & DII Buy/ Sell Data- As per provisional data furnished on NSE, FIIs/FPIs were NET SELLERS by about 1394 Crs and DIIs were NET BUYERS by about 2140 Crs (Net buying...
The provisional NSE figures show FII/ FPI selling at 1912 Crs and DII buyig at 1830 Crs. The final Figures show complete and heavy FII SELLING-
Around 1092 Crs.in equity, 1059 Crs in index futures and 75.42 Crs in stock futures. FIIs and FPIs have lost confidence it seems. Option chain analysis shows call unwinding at higher strikes and fresh heavy call writing...
Prices have broken out of a down-sloping wedge pattern. We see a positive divergence in MACD histogram and MACD has given a buy signal.
Buy at: 290-295
Target : 303-305
SL : 285
Buy Biocon at 545--543 SL 537 target 558-560 or Buy above 561 with stop loss below 548 for target 585
Biocon has bounced from the trendline drawn on daily chart. Volume in last 2 days are good. MACD has turned positive but still bill signal line. Hourly chart is showing positive divergence on MACD and also crossed signal line. 560 is the resistance above which it...
Those who have not read our report published on 9th April, please go through report appended below. We had told to buy Bhel below 70 with stop loss below 58 for target of 100% return. Counter first touched 70, then moved to 79 and then touched 59 last couple of days back. Logic was to buy position below 60 ( multiple support zone as shown by arrow) but it had...
Nifty moved up by more than 400 points in a single day after #2019ExitPoll. Upward thrust was so strong that 45 out of 50 stocks of Nifty closed above previous day close. Today market opened above yesterday's close and day high by significant margin but couldn't sustain it and closed near today's low. Dark cloud cover pattern has emerged on daily chart which is a...
after the hidden bearish divergence from obv, Bearish divergence in MACD and RSI with price action few days ago.
it's seems it's now forming a double top.
let see if the price action can hold 200 and 50 ema (green and purple line) as if will continue the bullish growth of crypto market if it's hold and vice versa..
interestingly it's happen not far to...
NSE:HDFCBANK
1.The MACD indicator in the chart shows us that the MACD line (Blue Line) has crossed the Signal line(Orange line) and moved lower indicating bearish crossover (start of bearish trend) giving us a sell signal.
2.The DMA on the chart are 9, 50DMA both are moving downwards indicating a bearish trend.
3. We can enter short positions in the stock once...
For Education purpose only:
1. Chart time Frame - 1 hour.
2. Convert the candles to Heikin Ashi Candles.
3. Apply two Indicators - MACD & Crossover of 10 EMA - 20 EMA.
4. Buy when MACD lines crosses signal line from below & 10 EMA crosses 20 EMA from below & confirmation of 2 green heikin ashi candles. All three conditions to be met. Buy above high of second green...
As marked in chart 5.1.3 is nearing completion reaching 11630+ on Friday. 11650-80 was the expected target. NS may make another 20-50 points or complete here. Then the 5.1.4 should start for target 11100-200 levels signalling medium term correction.
Now how to understand this 5.1.3 is finished. 3 simple steps can give the answer.
1, In daily first we should...
The cryptocurrency market is moving. We are seeing green and we like... We love it!
I am now looking at the total market for the entire cryptocurrency market, all altcoins including Bitcoin, and we have several interesting signals.
Perhaps you might want to take a minute now to hit LIKE, and then continue reading what I am about to share... Thanks a lot for...
Daily and weekly indicators(MACD,ADX,CCI,RSI,PSAR) are showing positive signals. Daily ADX moving positive,Daily&weekly CCI positive crossover,weekly MACD cut may happen on upcoming weeks.These factors will help to achieve the target levels. Please refer chart for other details.
Vijayaraghavan.K,
Kovilpatti.
Most of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level.
Daily MACD cut,Weekly MACD crossover, ADX loosening the negative bias,RSI and CCI are in positive mode helps to breakout and reach the target on...
VEDL Looks good for a long trade considering,
The divergence in MACD and price at lows of July & August on daily charts
MACD buy signal below Weekly is due. If the price is lead by a break-out above 235 and can lead to a trend reversal with a target of 350 keeping SL below 200
Scrip has started to take bullish reversal with MACD showing the way and been consolidating around certain price levels of 240-270 since past 2 months. Yet would require more confirmation to enter at price range as defined, if the scrip doesn't consolidate within certain price range and surges with good trading volume, One might aim for stipulated TPs as also seen...
