Reliance looking fresh negative on daily chart it is breaking rounding curved trendline support and giving a fresh negative divergence move on macd indicator too so we can see a downwards move in it in coming sessions but it is looking that it will going for a decent correction after a steep rally. Cause of short-: 1- Breaking curved trendline. 2- Macd...
Pidilite gives a bullish breakout on weekly chart it gives a breakout on horizontal resistance trendline and close above also given a breakout on Bollinger bands, volumes also jumping from previous so we can say it gives breakout on volume indicator too we can see more bullishness in coming sessions. CAUSE OF LONG-: 1- Horizontal resistance trendline...
Tata communication given a breakout on falling trendline resistance and showing very good strength on volume indictor too, from so many days it was trading a narrow range now giving signals of coming bullishness in this stock by giving a range breakout by price and volume both. CAUSE OF LONG-: 1 Breakout on falling resistance trendline. 2-Breakout on volume...
Colpal is looking very bullish and strong weekly chart it is looking a strong up move reversals in it giving a breakout on falling resistance trendline and gives a strong breakout on Bollinger bands too so we can see a good upward rally in this strong fundamental giant. Cause of long-: 1- Falling resistance trendline breakout. 2- Bollinger bands breakout.
Nifty could witness a range bound session tomorrow I try to find out some key levels support and resistance on one hour time frame so I will try to do trade accordingly although last hour volumes are good for long but have to wait for a certain breakout on chart to happen to make an entry tomorrow on a long or short side too. Note- I am note sebi registered this...
Icici bank looking weak on daily chart by breaking a curved support trendline and giving a bearish divergence on RSI indicator it is so early to say by only one candle for a breakdown in it but both things are indicating coming bearishness in this stock by the chance Indian indices also looking supported for contra trades in coming sessions.
Zeel looking good on weekly charts by breaking falling resistance trendline and gives a close above on it and the main thing it breaks it's 20-50-100 days moving averages too and closed above on all them giving bullish indications in coming sessions although we have to take a view on indices for coming week before going to long in it. CAUSE OF LONG-: 1- Falling...
Cera taking a strong resistance on a specific price which i tried to mentioned by a horizontal trendline resistance from last so many days it could give possible long opportunity if break that trendline and close above on that so that I am adding this scrip in to mine watchlist.
Sparc giving breakout on falling resistance and horizontal resistance trendline on both plus volume indicator breakout too is showing further momentum will continue in this stock. CAUSE OF LONG-: 1- Falling resistance breakout. 2- Horizontal resistance breakout. 3- Volume breakout.
On today's session we seems a severe pressure on India's benchmark index Nifty 50 although no major reason has been revealed so far but somehow it is created the bearish pattern called bearish engulfing so therefore it can be assumed that the resistances which were earlier will now act as good supports one more thing I want to say that index was really over heated...
Cub is looking nice on weekly charts breakout on downtrend line resistance and on Bollinger bands Cause of long 1- Breakout on downtrend line resistance 2-breakout on Bollinger bands too
Indian rail tour corporation looking very strong on daily chart gives breakout on falling resistance trendline with heavy volumes and given breakout on relative strength indicator due to less space on chart I am unable to share volume indicator but it is looking more bullishness in coming sessions CAUSE OF LONG 1- Falling resistance trendline breakout 2-...
Mrf giving bullish breakout on weekly charts by breaking downtrend line resistance, breaking Bollinger upper band and with good number of volumes too Cause of Long 1- Downtrend line breakout 2-Bollinger bands breakout 3- Gaining volumes
Eicher motors giving strong moves on weekly chart breaking downtrend line and giving breakout on Bollinger band too Cause of long 1- Breakout on downtrend line 2- Breakout on Bollinger bands too
Gujrat state petro looks very strong on weekly chart, gives breakout on falling resistance trendline and closed above strongly, relative strength indicator gives breakout too on it's resistance so we can see coming bullishness in this stock. Cause of long-: 1-Falling resistance trendline breakout. 2- Relative strength indicator breakout.
Tata steel looks good on weekly chart by the closing basis break falling resistance trend line and closed above on that, some weeks back it breaks 50 days moving average and came down with very steel fall after so many days it managed to give a close above on it's 50 days moving average so the conclusion is this that we can see a sharp rally in this giant in...
Aditya Birla capital looks very strong on weekly chart, gives breakout on falling resistance trendline and closed above strongly, relative strength indicator gives early signs of coming bullishness in this stock. Fundamental strong counter. Cause of long-: 1-Falling resistance trendline breakout. 2- Relative strength indicator starts a positive divergence with...
Aurobindo pharma looks very strong on weekly chart, gives breakout on falling resistance trendline and closed above strongly and gives breakout on Bollinger bands too volume indicator gives signs of coming bullishness in this stock. Fundamental strong counter. CAUSE OF LONG-: 1- Falling resistance trendline breakout. 2- Bollinger bands breakout. 3- Volume...