It has been lacklustre since touching the high of $ 30 a year back. It traded in the 22-30 for a year. With a decisive break of the 200DMA on Friday at $25.7, it would have given sleepless weekend nights to the Silver Bulls. The GANN Fan lines and Speed resistance lines are also not signaling any smooth up-move in the near term.
Yes its DLF...could see a bounce from 140 onwards
MCX (W):- 1717.5 CMP, LOOKS GOOD FOR MORE UPSIDE :) 1) Breakout Done :) 2) Volume Breakout
HCLTECH (4HR):- CMP 987.9, KEEP EYE ON BREAKOUT OR BREAKDOWN 1) Symmetrical Triangle Pattern 2) Wait for Volume :)
TCS (D):- CMP 3217, LOOKS GOOD FOR 3400/3500++, Invalid BELOW 3150 1) RSI HIDDEN DIVERGENCE :) 2) Bullish Candlestick
NESCO (W):-649.4 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Activity #Disclaimer:-I just shared view for only educational purpose.
RITES (W):-298 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Activity
NIFTY (DAILY):- Stock consolidating in a strong trading range between horizontal resistance and supporting trendline Highly probable ascending triangle on breakout or highly probable triple top on breakdown Keep track
JINDWORLD (Daily):-75.5 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Breakout
#Watchlist #SUTLEJTEX (Daily):-63.25 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Spurts #priceaction #SUTLEJTEX #TradingView
VIMTALABS (Daily):-323.95 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Spurts
#Watchlist #IBULHSGFIN:- CMP 265.6 LOOKS GOOD FOR 300 INVAILD BELOW 220 DCB #Disclaimer:-I just shared view for only educational purpose.
BEL (15TF):- 186 CMP, looks good for more upsides:) 1) Breakout Done :) 2) Volume Breakout
PDMJEPAPER (M):- 46.4 CMP, BUY ON DEEP TILL 40 to 30rs FOR TARGET 60 :) 1) Multiyear Breakout :) 2) Huge Volume
BRENT (Crude Oil):- 74.22 CMP, 80 to 90 zone (Multiple Resistance Zone) 1) Dow Theory (Downtrend Since 2008/2009) 2)Crude takes year to rise (But in pandemic its is rise too fast)
MANGLMCEM (WEEKLY):- 362.15 CMP, LOOKS GOOD FOR MORE UPSIDE :) 1) Horizontal Resistance Breakout Done 2) Volume Breakout