ASHOK LEYLAND LONGBuy Ashok Leyland above 112.5.
Targets 120-125-134
Stoploss- Below 105 (Closing Basis)
Strong support at current levels with a positive MACD diversion. The risk reward is good and the stock is showing good volumes.
Search in ideas for "macd"
THEMISMED THEMISMED (WEEKLY):- CMP 460 Looks Good For upside :)
1) Multiyear HR. Breakout :)
2) MACD Divergence (W) + Volume Spurts
USHAMART | Triple bottom | Breakout | Long termThe stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern.
Classic price target {The breakout level + height } has been successfully achieved.
The strong back to back bullish candles with huge volumes and a aggressive MACD supports the long term trend which also confirmed by the 2.5 year resistance level breakout.
positional buyclose above 200 ema
macd crossover
at 52 week high - 176.80
positional long for target 181 - 215
deep stop 160
disclaimer - trade @ own risk
Bitcoin 4H Timeframe (MACD & RSI Reset + TD Sequential)Here is what I mean by a "MACD Reset"... This is BTCUSD (Bitcoin) on the 4H timeframe.
We can clearly see higher highs and higher lows.
We also have a bullish cross and the histogram going green. That's for the MACD.
The RSI went through similar action printing a higher low and also breaking the downtrend line... It remains above 50 which is good for the bulls:
As for the main chart, we are having 'strong consolidation', prices trading above EMA10, low volume as a continuation signal, and room left available for growth according to the TD Sequential.
There is also strong support just below the current price marked by EMA50 and the Ichimoku Cloud in the case prices drop.
The next targets are mentioned in my previous articles.
Namaste.
tataconsumer _long set upTata consumer has completed 3rd wave and will move upward towrdas 500 level. there is positive divergence on MACD as well as RSI. expected to touch 395
for education purpose only
MUTHOOTFINMUTHOOTFIN:- BUY ON DIP, 1100 WITH SL OF 1040 CLBS
RSI+MACD+ADX DIVERGENCE WITH OI LONG BUILD UP
#Disclaimer:-I just shared view for only educational purpose.
CADILLA GIVING buy signalSTRONG UPMOVE IS EXPECTED IN CADILLA HEALTH CARE.
SUPPORTED BY
-STRONG VOLUME,LONG BULLISH CANDLE
-BULLISH CROSSOVER IN MACD
-STRONG RSI
TARGET 1 : 430
TARGET 2 : 520
STOP LOSS : 350
**These are my personal observations. Please trade at your own risk.**
BULLISH MACDBULLISH MACD. MACD ABOVE TL RESISTANCE. BULLISH STOCK. STOCK ABOVE UPPER TL RESISTANCE. STOCK MAKING NEW ATH. BEAR MARKET. BULL STOCK.
#LETSTALKABOUTMARKETS- AUROBINDO PHARMA Auropharma may still gain a bit but it will not be outperforming anymore, adding to that i feel it might under-perform as well. The basis for this are the technical indicators:
1. RSI divergence - RSI divergence is when the price slopes upwards but RSI slopes downwards, forming a negative divergence. As seen in the chart, price is moving upwards whilst RSI is sloping downwards which indicates that the upward price movement will not last for long.
2. MACD - Moving average convergence divergence as it is called, has also showed a crossover which further confirms the weakness in the stock price movement.
3. Bollinger Bands - BB also seem to be squeezing out which shows low volatility. One can wait out to see the price movement, where the Bollinger Band seems to be expanding.
The upward price movement might fade out soon and might even move sideways before cracking down. One can take a position by keeping a stoploss around 715 and wait for the target of 600 and an extended target of 560.
*This is my opinion and i am not registered with sebi*
PARALLEL CHANEL BREAKOUT PROBABLE ON #GRASIMTRADE ABOVE 520 FOR TARGET 545 KEEPING STOP-LOSS 505.
MACD divergence is noticed near crucial resistant area on Parallel Chanel .
DAX GER SHort Head and Shoulder Set up! Big oportunity Keep the eyes open for MACD divergence as previous head and left shoulder signal. Once we have a decent bearish candle on the resistance level of the previous shoulder we go short €€€
UPDATE BRITANNIAPrice went down even after a gap up today. (as opposed to what was expected)
But the price has respected the previous resistance line and the 20 ema.
In addition, lower lows has formed in chart BUT higher lows has formed in macd - signs of a weaking downtrend.
BUY it if you haven't already
DLF ShortDLF Short 4 hourly Chart
1. Double Top pattern
2. Dark Cloud Cover Pattern
3. Negative MACD Divergence
4. Very Short Stoploss.
Levels of 560 – 545 may provide support to the stock and it moveThe stock registered a breakout this week and have managed a close above the clouds. The RSI has moved into the bullish zones with MACD above zero. The stock has become a long candidate an pullbacks. Levels of 560 – 545 may provide support to the stock and it may move up to 580, 590 & 620 levels. If the stock fails to hold itself at 545 levels then it may further correct down to 535 & 510 levels.
CNX SMALL CAPS displaying strength, capable of 10% move here!CNX Small Cap Index registered a decent close above all major pivots. Also RSI is now displaying bullish momentum with MACD comfortable into bullish zone. Small Caps stocks are expected to outperform the overall Nifty index in the coming quarter.
Canbank has approached an important zone! Watch HereCANBANK: Recent rally in public sectors banks have been good and strong. Almost every public sector bank rallied more than 20% from their recent lows. Canbank is now hovering at a resistance point. There is a strong supply area ahead, if the stock fumbles here, there may be a small correction which may rest close to 208 -205 levels, if a breakout is successful then it can scale to 275 levels in coming months. The overall trend & sentiment is positive and healthy. RSI and MACD has not displayed any signs of weakness.
Britannia Industries: Took support and bounced, will it continueBRITANNIA INDUSTRIES: The stock is hovering around a very strong support zone. The RSI bouncing off from 40’s further indicate the momentum support in the stock. MACD is neutral and picking up (though not positive yet). A minor bottle neck is placed at 3130 – 3145 levels, above which 3280 &3360 may be evident.
Further Selling may lead to deep correctionsThe stock witnessed sell off during the last session. The prices have closed below the kumo making a big black candle, indicating weakness. The momentum has lost strength RSI is not at all excited to move up plus macd has fallen below zero. There is a minor support at 550 levels, failing that support the stock may fumble and fall down to 460 – 415 levels.
Panic market crash may be seen ahead of Ayodhya verdictNifty developed an 'evening star' pattern in daily chart, which is a very strong bearish signal. Ahead of Ayodhya verdict, market is selling off from the strong selling zone near all time high. There is a strong possibility of an extreme volatile market in the coming days due to the high sensitivity of the issue.
If price breaks the blue trendline, I am anticipating a downward rally till price reaches the strong buy zone as marked in the chart.
Also, a clear bearish divergence in MACD histogram has developed in daily chart of Nifty
SUNPHARMA || DETOX MODE!!!One may buy SunPharma with a SL of 420 and target of 470-475. A buy on dip is recommended. A converging MACD and a confirmation on RSI on the buy side indicates Sunpharma might move to fill the gap and move towards its 20 DSMA.
BANK OF BARODA LONG SET UP NSE:BANKBARODA is facing Resistance at 118-119 level . Hourly charts showing Divergence with RSI & MACD . We can expect a correction to the Weekly Support Line at 108-110 . From there the Stock will see an upward journey .
