#RML trading above Resistance of 852
Next Resistance is at 1050
Support is at 587
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
#RML trading above Resistance of 696
Next Resistance is at 852
Support is at 443
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Nice Looking Squeeze Candidate!
Rane Madras
1- Tight Range is Broken
2- Demand Zone Acted Strongly
3- Trend Reversal Move on Cards
Keep on Radar.
Getting Ready for Reversal
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
1. Out of Symmetrical triangle.
2. Volume is big enough
3. Good accumulation during consolidation.
Negative :- SL will be too far, that is why RR is not favourable
Stock Name - Rane (madras) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 475
#This is not Buy and Sell recommendation to any one. This is for education...
RML:- Ascending triangle pattern is formed, wait for the breakout, keep an eye till then
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all...
RML:- The stock is consolidating in a range less than 1 year, if the stock sustains by giving a breakout, we can see a movement to the upside.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and...
NSE:RML BSE:RML
Time Frame – Weekly
Observations :-
* Symmetrical Triangle pattern form
* Pattern Breakout above 455-460 range
* Good consolidation was seen in 345-425 range. Now range BO done
* Volume increase seen
Resistance – 490 / 570 / 700 / 760 / 830 / 1050
Support – 345-400 zone & Weekly 200 SMA
DISCLAIMER : NCFM Certified Technical Analyst....
