long only if daily closing above 105
Hourly TF Wave 5 Sub Wave 5 CMP 65.25 BUY AROUND 63-67 SL 59.70 TGT 75+
Trading At a Crucial Price Range . if brakes upward we can see RS 50 mark
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
On closing above 54 would see the good upside
Technical : RSI - Oversold MACD - Possible curve in coming days Current price far lower than 10/20/50 days SMA. Generally price trend to close gap with SMAs in certain period. Either SMAs should come down OR price should go up. I will better watch for price action and enter once I see MACD giving right signal. Company results are scheduled on tomorrow so also...
On weekly chart, BO from falling wedge followed by a rectangular consolidation. Above 70, stock can do 90 if markets support. SL:62
CCI (W) > 100 TGC True Target/Resistence 73.8 SL: 59 TGC with strength Forming Highest High for the week if closes with strength
CCI (W) > 100 TGC True Target/Resistence 73.8 SL: 59
Ester Stock has given a good Breakout on weekly Charts. Keep an eye Small Resistance at 55 Buy dips till 45 Target 70+
Small breakout, wait for previous highs to cross for confirmation