FMCG INDEX AGAIN SEEMS TO BE REACHING THE SUPPORT FROM WHERE IT BOUNCED BACK.... KEEP AN EYE ON FMCG STOCKS FOR MORROW AND NEXT FEW DAYS, MIGHT FIND SOME GOOD OPPORTUNITIES. ********************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I...
Bullish RSI divergence seen, at good risk : reward point.
The past few candles have been very bullish. We can see the market going near Resistance levels soon
On the D1 chart Trons price has stopped at lower support. We can see a Bullish market starting with the next few days.
Price is bullish as long as it holds 15160 - 15180 for the targets 15240, 15280. 15360, 15440 and 15520. Bearish below 15120 for the targets 15080, 15040, 14980, 14920 and 14860.
#Srtransfin cash 23.05.2021 Looks good above 1490.10 stoploss 1475 Target 1504-1510 Risk free above 1510 for 1528-1530/1548 Cmp 1478.75
Short at 15250 If opens gap up Buy at 15120,15050 If opens gap down
RSI divergence spotted. Buy when stock falls, or short sell now. Would be safer to buy when price falls, rather than shorting now. Head and shoulder pattern will complete when price falls below 820. Would be a great buying opportunity for 30% upside! buy near 800 - 820 level from where stock should rebound 30%
Vidhyatelelink retracement to support and bounce. momentum is good
If it gets broken then next supports are 19600 to 13200
The support has been tested multiple times.
Buy at cmp (1386) ; target : 1595; stop loss : 1275