Simple Rules applied
first low 101.60
second Low 101.70
third low 104
and crossed the 115 highest picks of which has the most volume.
Rules called it is inverse Head and shoulder breakout it will work up to 125-140
General Trend is negative but there is huge psychological support near 100 and it is taking support again and again
So it might be a good...
Took Weekly huge support yesterday Low is 1915 and there is huge support on 1913-1985
Huge hourly candle low is 1970
Previous High 2113
close 2045 and Made double volume than 10 Days average
Huge volume on support with a green candle it is the clear single for the reversal in Medium-term
Once cross 2115 then more 300 rs/- Up move...
• Monthly candle is totally Negative from last two candle
• Now consider the Huge Resistance is 12017 for Feb Series
• Weekly Candle full body bearish candle ( Means Open and High almost same and close Near the Low)
• RSI Below 50
• MACD (Trendline crossing MADC Line)
• ATR on Upword range
• So all Indicator in Weekly are...
* Monthly candle made doji pattern
* Made High near Life time high 1729 Life time high is 1734
* Last three month volume is increasing
* Stock trading in channel reverse from lower channel
* Wait for closing of three Days above 1709
* On the base of positive news stock gap up today from last day high 1640 to 1683 today's Low.
* Any rate between...
• BankNifty Trading below Last Month low 30996
• It has Last Month High 32613 and This Month High 32465 almost similar
• Monthly candle is totally Bearish Open 32237 High 32465 Low 30521 (It has full negative body) and close Near Low
• It is making lower High pattern from last 5 Week there was two high which are similar (32347-32322)...
* Nifty Made Bearish Candle on Monthly basis
* Nifty has Monthly Low 11832
* Nifty Reverse from the Upward Bearish trendline
* Made bearish Candle Weekly Open 12197 and High 12216 and close 11945 ( It shows that for the Entire week Nity face strong selling)
* RSI in falling side (53.94)
* Macd showing indication of Negative...
The stock of Advanced Enzyme Technologies gained 4 per cent accompanied by above average volume, breaking above a key resistance at ₹178 on Tuesday. This rally has strengthened the short-term uptrend that has been in place from the December 2019 low of ₹155. Investors with a short-term horizon can buy the stock at current levels.
While trending up, the stock had...
Investors with a short-term perspective can buy the stock of L&T Finance Holdings at current levels. Strengthening the medium-term uptrend that has been in place from the 52-week low of ₹78.6 recorded in October last year, the stock gained almost 4 per cent with above average volume on Monday. Moreover, this rally has decisively breached a key resistance at ₹122...