Indusind bank after so many months somehow managed to break a strong horizontal resistance trendline and gives a strong close above on it so we can say it is a strong breakout on weekly chart I am not using any indicator to confirm the breakout because price speaks very louder on its chart so we can see some bullish moves will come in coming sessions in this...
Ntpc Limited looking bullish on weekly chart given breakout on falling resistance trendline and given breakout on macd indicator too with positive crossovers score seems more bullish trend is coming in this stock. On the basis of peers to peers study it is also looking good. CAUSE OF LONG -: 1- Breakout on falling resistance trendline. 2- Positive crossovers...
Bharat forge seems good on weekly chart it gives breakout on falling resistance trendline and gives breakout on relative strength indicator this indicator is indicating more bullishness is coming in this stock. CAUSE OF LONG-: 1- Breakout on falling resistance trendline 2- Breakout On relative strength indicator
Pel giving breakout on downtrend line and Bollinger bands, gaining good volumes too Cause of Long 1- Downtrend line breakout 2- Bollinger band breakout 3- Seems good volumes
Tata consultancy services trading full day within a tight range with a open is equals to high price rejection pattern and in the end of the session today it reached to break triangle pattern and falling resistance trendline too relative strength indicator is also trending up it can give a good up move tomorrow if break falling trendline resistance so we can...
State bank of India looking a fresh start on daily chart by breaking a curved trendline support and closed below that and starting a negative trend on macd indicator by negative divergence it looking some more downside remaining in this stock in coming days. CAUSE OF SHORT-: 1- Breaking support on curved trendline support. 2- Negative divergence start on macd...
I find some interesting resistance and supports over there on nifty 15 minutes charts making resistance and support on relative strength indicator. we can execute accordingly. Note- I am not a sebi registered and authorized to give buy or sell recommendations ask your financial advisor before execution of investments and trade.
Muthoot finance giving signs of a trend reversal in it breaking long time downtrend line resistance and a small time frame downtrend resistance trendline too, it create a overall ok rounding bottom pattern which touched three times at almost same price on a up trendline so which we can say a triple bottom on daily chart yes it is looking little complicated but one...
Oracle is looking very good on weekly charts it gives a breakout on falling resistance trendline and gives a breakout on relative strength indicator too with very good numbers of volumes, seems it can give nice up moves from here. CAUSE OF LONG-: 1- Falling resistance trendline breakout. 2- Relative strength indicator breakout. 3- Very strong volume...
Divis labs gives a little break on relative strength indicator but it seems have to wait for a confirmation too of breakout on falling resistance trendline will wait for a break and close above on that, till then I added it to in watchlist and setting an alert for a breakout confirmation, that is why I am tagging this idea into neutral tab.
ICICI prudential gives a very bullish breakout on many parameters, it breaks a furious horizontal resistance trendline and closed above on that also it breaks a major resistance on relative strength indicator which seems a major resistance was on that. The volumes are indicating muvh bullishness in this stock is coming in coming sessions. CAUSE OF...
Ambuja cements given a breakout on disjoint channel pattern and seems it is gaining volumes for coming bullishness in this stock, one more thing is there that Relative strength indicator is giving bullish signals and gives a breakout on it too. CAUSE OF LONG-: 1- Disjoint channel breakout. 2- Relative strength indicator breakout. 3- Volume breakout. 4-...
Apollo hospitals gives a breakout on falling resistance trendline but it seems have to wait for a confirmation of breakout on relative strength indicator too till then I added it to in watchlist and setting an alert for rsi indicator breakout confirmation, that is why i am tagging this idea into neutral tab.
Aarti industries limited is giving breakout on falling trendline resistance and on horizontal resistance trendline and close above on both resistances, the volumes are gaining on regular intervals so we can see an upward rally in this looking bullish trend will continue. CAUSE OG LONG-: 1- Falling resistance trendline breakout. 2- Horizontal resistance...
Aditya Birla fashion looking good on weekly charts it gives breakout on horizontal resistance trendline and given breakout on relative strength indicator too. CAUSE OF LONG-: 1-Horizontal resistance trendline breakout. 2-Relative strength indictor breakout.
Nestle india turning bullish from neutral looking good on weekly charts and showing strengths on some parameters pointed out on chart Cause of Long-: 1- Falling trendline resistance line breakout 2- Bullish initiation on macd indicator 3- Above on rsi indicator support levels
ICICI bank giving breakout on downtrend line resistance and giving positive divergences on macd indicator although traders be careful as tomorrow it will announced its quarterly results Cause of Long 1- Downtrend line resistance breakout and closed above 2- Macd giving positive signals for coming momentums too
Astral limited looks very strong on daily chart, gives breakout on falling resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength 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-...