TATA STEEL has formed Double Bottom Pattern formation. Go long
Forms Descending Triangle Pattern not once,not twice,but thrice. Low BUY volumes seen in 4H timeframe. VOLATILE market NSE:BPCL
we can see rsi near by 40 and mfi below 30(oversold range) , in short term we can expect to go to 9300 in long term can go 10000+ as bajaj finserv may get banking license we can see now price is currently at previous month low(december low) ,and in november also price traded at this range ,actually it is going sideways (consolidating) and bollinger bands...
4 week inside bar and reduction in volatility by 83%. It may give good move. It can be bought above 79.60 with SL of 74.70
VST moving out of box after sometime with volatility contraction over
->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high ->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900, ->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15, ->if we look at...
Reliance gave a breakout and saw some profit booking.Now after consolidating there is bullish divergence seen on charts which means if #RIL breaks 2040 and sustains will gear for 2180-2200 zones
ONGC go for short position. Keltner bands acts as resistance and a nice pin bar forms at S/R zone. The fibonacci retracement occurs at 61% and it shows another confirmation that price will go below. Meet you at Target zone.
Tech mahindra buy from 860 hold to 1100
NSE:TATASTEEL TATASTEEL OVERALL OUTLOOK REMAINS BULLISH ON 17TH NOV,PRICE OPENED GAP UP AND FORMED A STRONG BULLISH CANDLE WITH HUGE VOLUME BUT AFTER THat PRICE STRUGGLED TO MOVE HIGHER,VOLUME ALSO ON DECLINING SIDE AFTER WHICH PRICE STARTED TO RETRACE ,AT FIRST WITH EXPANDING VOLUME ,THEN ON EXTREMELY LOW VOLUME THERE ARE TWO POSSIBLITIES,EITHER ...
The strategy is suited for small intervals on futures and options for small income trades
Stock is at strong support level , price is now at range and accumulation of share is must happening as volatility deceased RSI is continuously making Higher High Possible upside breakout will happen targets are mentioned i.e 83 lot size = 5700 check out the other ideas as well FOLLOW & LIKE & COMMENT
Scenario 1: Scenario 2: Scenario 3: Scenario 4: Comments are welcome for my learning.
a positional green on;y above 460 till than wait or short on rally script
Current position is BUY bought on August-4-2020 at 10987 ================================================================================== Action for 5th August 2020: Continue to hold Long and reverse to Short if NIFTY closes below 11037 Profit as of now 123.6 points Give me a like and follow me for constants updates daily NSE:NIFTY Use a Heikin Ashi Chart...
RSI in the overbought region with a value above 80 indicating the price drop MACD line above the signal line with a huge magnitude indicating an uptrend CCI above 140 indicates a downtrend Squeeze indicating an uptrend as the market volatility is high