Wipro seems fall and consolidations over on daily chart, it falls very sharply from two three months made a bottom and breaking first resistance above bottom and close above good on Bollinger bands too on daily charts so for swing and positionally on both way it is looking good breaks a major hurdle on Relative strength indicator too. CAUSE OF LONG 1- Horizontal...
Crompton is looking very much puzzled on daily charts nothing is working in it and no indicators are working too although stock recovered almost 30% from 52 week lows and discounted 22% from 52 week highs, so we have to wait for next move in it will go for high conviction trade in it in any of direction when it breaks any of trendline till then waiting and adding...
Tata power looks good on daily charts gives close on 50 and 100 day moving averages on daily chart after so many sessions one more positive thing is there is relative strength indicator breakout seen that was facing a big resistance too today crossed and closed above on that too. CAUSE OF LONG-: 1- Closing above on 50 and 100 day moving averages 2- Breakout...
Whirlpool of India looks good on weekly charts given breakout on strong horizontal resistance trendline and gives a strong close above Bollinger upper band both breakout indicating good up move coming this stock, created strong pattern on weekly chart. CAUSE OF LONG-: 1- Breakout on horizontal resistance trendline 2- Breakout on upper Bollinger band
Sbi cards looks good on weekly charts given breakout on strong horizontal resistance trendline and gives a strong close above Bollinger upper band both breakout indicating good up move coming this stock CAUSE OF LONG-: 1- Breakout on horizontal resistance trendline 2- Breakout on upper Bollinger band
Container corporation 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. CAUSE OF LONG -: 1- Breakout on falling resistance trendline 2- Positive crossovers on macd indicator
Apollo tyre looking good on weekly chart and gives a fresh breakout on curved trendline and it is giving good crossovers and divergence on macd indicator seems it is good price momentum will come in it CAUSE OF LONG 1- Curved trendline resistance breakout 2- Breakout on macd indicator
State bank of India becoming strong on weekly charts with breaking downtrend resistance line and gives breakout on relative strength indicator and seems good buying absorptions too which is indicating coming good volumes and higher prices CAUSE OF LONG-: 1- Falling resistance trendline breakout 2- Relative strength indicator breakout 3- Good buying...
Hdfc bank looking strong on weekly charts gives a breakout on falling resistance trendline and horizontal trendline too and closed above on both trendlines it is indicating some good up moves in coming sessions CAUSE OF LONG 1- Falling trendline breakout 2- Horizontal trendline breakout
Nifty bank is looking good on weekly chart gives breakout by the price action basis on falling trendline earlier it gives a breakout on relative strength indicator but I have to wait for next resistance standing over there on relative strength indicator for confirmation of coming more bullishness and seems no problem in it that is why I tagged this idea on...
I did analysis of nifty on daily chart and found something interesting that earlier it gives a breakout on relative strength indicator and positively moved 500-600 points so if it was a real breakout then it is coming for retesting and if it will break and close below that so we can say that was a false breakout or you can say bulls trap in the language of market...
Coal india given breakout on daily charts breaking falling resistance line and giving breakout on relative strength indicator Cause of Long 1- Falling resistance line breakout 2- Rsi breakout 3- Good risk to reward ratio
Potential breakout in Mahindra cie auto on strong trendline above closing and on volatility indicator too although markets global markets are down as of now i am publishing this but this is an example og coming good up move from these levels CAUSE OF BUY 1- Broken strong resistance and close above 2- Volatility breakout too
Birla corporation looking good on weekly chart break falling resistance line and closed up, it is looking alike that perfectly bounced from its support zones or demand zones Cause of long-: 1- Falling resistance line breakout 2- Bounced from demand zones
Indian bank seems good on weekly chart giving breakout on falling trendline resistance and on Bollinger bands too. Cause of long 1- Falling trendline resistance breakout. 2- Bollinger bands breakout.
Cummins India already break a major resistance and trading above is is showing good volumes on weekly and monthly charts and positive on Bollinger bands too, will be trade if break and close next resistance on monthly basis so adding in watchlist
Shriram city union given a positive breakout on multiple criteria, earlier broken downtrend line resistance now break horizontal resistance line and closed above on weekly chart macd also positive and good breakout on Bollinger bands with gaining volumes Cause of long 1- Buying absorptions after breaking downtrend line 2- Horizontal resistance breakout 3-...
Dabur India breaking falling trendline resistance with full force giving positive divergence on macd indicator too so as fmcg index is also showing strength Cause Of Long 1-Falling trendline breakout 2- Positive macd divergence 3- Fmcg index is showing strength