decent valuation and financial strength price broke out of an ascending triangle pattern and has restested the level price is bouncing from 200 day EMA and price has also crossed 18 & 50 day EMA target and SL marked
-The price has successfully retested the trendline support. -Over the last 10 weeks, there has been a sideways consolidation pattern. -Noteworthy volumes have been recorded in the past 2 weeks. -Weekly candles exhibit lower wicks, suggesting increased demand. -On the daily chart, the Commodity Channel Index (CCI) has crossed the 100 mark after a span of 4 months.
NSE: RELIGARE is closing with a bullish spinning top candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 15% to 23% gain on...
#RELIGARE Low risk setup -> Price has retested trendline support -> Sideways consolidation for the last 10 weeks -> Good volumes in the last 2 weeks -> Lower wicks observed in weekly candles indicating demand -> CCI crossing 100 on daily after 4 months Stop - 210 or 6.25%
Religare (NSE) taking very good support on 200 Daily EMA. Monthly and Weekly RSI looking quite strong.
buy above 175 tgt-200\250\300 sl-150 buy above 175 tgt-200\250\300 sl-150 buy above 175 tgt-200\250\300 sl-150
NSE:RELIGARE ✅ #RELIGARE gave a breakout entry at 153.45 when it broke out from a channel after consolidation (as shown in chart) ✅ It is now trading above Resistance of 254 ✅ Next Resistance is at 298 Previous charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below...
After a long consolidation period stock is trying to come out of the range. Chart is showing strength, keep an eye on the stock for long term Levels & Logic mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
This technical analysis report for Religare Enterprises stock provides an overview of the current trend, support and resistance levels, moving averages, and RSI. The report concludes that the stock is in a bullish trend, but it may be due for a correction. Investors should wait for the stock to cool off before entering a long position. Current Price:...
Ascending triangle pattern, add 50% now and in dips near 209
cup & handle pattern in this stock sign a bullish signal after breakout
Hello Everyone, Hope you all are doing Fine . Today we are going to talk About Religare buy opportunity. I will Explain Everything Each minor Details why I would go LONG in This Stock. As you can Already see in the Chart . Price is Already above 200 SMA , Which means Price is in Uptrend in Daily and Weekly time Frame. Major Resistance Level (...
Cup and handle breakout possible. This is a very large pattern breakout and therefore the potential targets on the upside are also very high. stock might start its bull run and travel all the way to INR 290, approximately a 50% profit potential. The stop loss for this trade can be placed around INR 140. And obviously, as the target is huge, the stock will take...
Religare enterprises..look like downtrend is over in this stocks..downward trendline got broken, symatric triangle pattern on verge of breakout..CMP:190
Stocks looks good to invest. making VCP on (M) time frame.can get a good move soon
BUY - RELIGARE ENTERPRISES CMP - Rs. 164 Target - 1: Rs. 326 Target - 2: Rs. 463 . Timeframe - Descending Channel Breakout . Technicals - Descending Channel Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
#RELIGARE - Breakout at the major Support - Good volume on reversal candle - Trading above All key EMAs - Bullish Daily & monthly RSI
Breakout on Strong volume. BUY above 192 Tomorrow ( Tuesday, 29th November)