USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VODAFONE IDEA LTD, JET AIRWAYS INDIA, YES BANK, RELIANCE COMM LTD, INFIBEAM AVENUES L, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bottom confirmed on D
Pinbar broken with strength on W & M
Can rise till 3719 on strength conductivity zone
Analysis is given in chart.
BUY ABOVE 2990
FOR TGT 3233
ABOVE 3233 CAN SEE 3500++ LEVELS
SUPPORT 2774 LEVELS
Bluedart is very close to completion of its downtrend.
But for now i will short it with redlines as targets.
watch the RSI positive divergence.
initial resistance 4100
Blue dart is recovering from the losses, the correction lead the stock to a 50% level. It made a price channel at the bottom. I was bullish first but, When it broke the triple bottom support, I was damn bearish in this stock expecting a 62% correction. You can see the earlier posts.
Now it is poised for a breakout from the flag, coming result must favor a bullish ...
May test 7014 -Falling wedge Long term investment
SHORT <= 4095
SL = 4185
TGT = 3850
If 4170 broken then be ready for below 4000
Targets : 4850-5120 Buy Range : Above 4500 Stoploss : Below 4090 Duration : 4-5 weeks
The most important observation in the share price of Blue Dart Express is that the stock has formed a bullish “Double Bottom” as the lows of May 2017 and June 2017 are almost identical at around Rs 4165 signalling a reversal of the corrective trend prevailing ...
BlueDart' on break below the support level 4170 ,can come down to 62 % retracement level 3250
The stock has given classical double bottom breakout that too with divergence. The simple pattern offers a long trade in stock by providing suitable stop loss. Prices can easily climb to 5300 in coming days.
buy range 3750- 4100
Target 6000, 8000
Trend is firmly down in multiple timeframes. Due to oversold nature + Positive RSI divergence in week timeframe - expect a sharp 10 to 15% return in next 8 to 12 weeks.
Multiple EW labels : Price is ending 3rd of some degree OR 3rd of C OR C of ABC fall.
Irrespective of the EW labels, bounce should come. Nature of the rise will determine the label.
Bluedart: 4199 is currently trading at a double bottom support and a 50 % retrace level from its peak, with its strong fundamental, this is really a value investment at this level.
Stock can even come down to 62% retrace 3250 level, is a far possibility, in that case, one should take it as a golden opportunity.
Having an initial target 4600_4950 &5250 in 3 ...