APCL another gem✅ buy and hold ✅
add @ 217 range
trgt 245-268-280💢💢💚💚
long 400++
study
💠biggies(smart players) accumulating stock
💠also chart looks postive
💠dont miss opportunities
💠it may perform between 1-3 month
💠long wecan expect 400-500++
about apcl
Anjani Portland Cement is a manufactures high quality premium cement.
❣
Search in ideas for "oscillator"
Alembic Pharmaceuticals ready for a launch✅buy and hold✅
buy @930-38 range
add @ 900
trgt 985-1030-1100+🎯🎯
(period 1-3 months)
why this fall happened ?
there are two major 2 reasons for this fall
first one
🔸profit booking in pharma sector
second one
🔸negative q3 result published.and it's advanced so its fell.
reasons for this buy
🔹anytime we can expect a ride in the stock
🔹chart looks promising
🔹forming ascending triangle
if u are interested in my charts
please 🙏
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weekly based buy - reasoning based on 3 time frame belowas per weekly chart 🥇
its a buy based on RSI which is higher then monthly rsi
supportive 4hour chart below⛳ :- resistance trend line broken
supportive 15 min chart below🪁 :- inside box based trade, though buy is above 89 which seems far as per time frame , yet shared as it shows consolidation
disclaimer - trade @ own risk
TCS - Possible breakoutTCS showing signs of a breakout from its levels. Has been in an uptrend and now slowly consolidating with smaller volumes. The price has crossed the resistance to reach ATH and retested the level successfully. The confirmation is obtained with a green candle in previous trading session. RSI is above 60 and also sma(9) of RSI > 60, which indicates strong bullish trend.
Annual results are also expected in few days and could be a positive note for rally to continue. Can go long with RR of 1:2.
* Views are personal, not investment advice or tips. For educational purposes only.
bank nifty RSI based observationDAILY RSI = 73
4H RSI = 68 ( ABOVE 65, LESS THEN DAIILY RSI)
HOURLY RSI = 65 ( @65, LESS THEN 4H RSI)
15mn RSI = 56 (LESS THEN HOURLY RSI)
🛑OBSERVATION🛑 :-
ABSOLUTE MOMENTUM IS BULLISH ON ALL TIME FRAMES
RELATIVE MOMENTUM SEEMS ON WEAK SIDE
SUCH SITUATION CAN BE INTERPRETED AS
OVERALL BULLISH TREND BUT WITH SIDEWAYS MOVE
disclaimer - for study purpose only.
BULL STRENGTH IN - ITC A) DOUBLE BOTTOM FORMATION - NECKLINE BREAK WILL GIVE UPMOVE, B) ADX IN SUPPORT OF BULLS, C) RSI HIGH ENOUGH BUT YET TO TOUCH OVERBOT ZONE, = looking AT THESE PARAMETERS THERE SEEMS TO BE A BREAK OUT ABV 171 #174 BEING THE NEXT RESISTANCE LEVEL TO CROSS ...
disclaimer - for study purpose only.
CADILAHC LONG Already in uptrend above 200EMA
STOCHASTIC GIVES BULLISH SIGNAL
There is a strong ENGULFING CANDLESTICK
Entry - above 349.9
Stop loss - 326.6
ASIANPAINT level for 04-03-2020(Intraday)It closed near Fib level and strong bullish candle at BB lower channel with support of trendline , with stoch below 30.
Break out of Fib level with stoch trendline expected Bullish ,breakout the major support expected bearish
Above 1815 Bullish for 1825, 1845,1900
Below 1785 Bearish for 1775,1755,1710