Alpha_TraderX

Alpha_TraderX

The stock looks good for a long entry due to following reasons 1) Stock is at a demand zone from which we have seen significant rally 2) Though the stock is forming new lows in smaller time frame, the stock has reached an important support level 3) We are also seeing Awesome Oscillator divergence in the chart We may see strong reversal upto the Supply zone as...

Alpha_TraderX Updated 

The stock seems to be at a point of reversal due to the following reasons 1) The stock is at 200 days moving average support and has also given a solid closing for the day. 2) The stock is also at an important support level from which it previously gave strong rallies.

Alpha_TraderX Updated 

1) The stock is at a support zone from where it gave a new high 2) RSI is oversold with low of 19.43 3) The current hourly candle has also closed within the bollinger band. Very high probability that the stock might cover the gap of 1520

Alpha_TraderX Updated 

The stock can see a significant correction 1. The stock is rebounding from a resistance line from which previous rally has seen correction 2. The stock is on the verge of breaking a support line 3. The stock is breaking down the bollinger band and possibly ending a consolidation which was happening over the past couple of weeks All analysis if only for...

Alpha_TraderX Updated 

As can be seen from the above analysis 1) The price if taking support from 200 days EMA. 2) Stock is currently taking strong support through trendline as well as previos resistance point.

Alpha_TraderX Updated 

Analysis: 1) The stock appears to be bullish as it is rebounding from a support zone from which the stock gave a good rally.

Alpha_TraderX Updated 

Analysis: 1) Currently RSI has converged with the stock, forming higher lows while stock has formed lower lows. It is considered as strongly bullish. 2) Stock is at very strong support from which it has previously broke corresponding resistances. Target and SL will updated on confirmation. Disclaimer: These analysis are only for educational purposes only. You...

Alpha_TraderX

Analysis: 1) The stock appears to be bullish as it is at a weekly support from which the stock broke previous trend high. Disclaimer: These analysis are only for educational purposes. Plan your trade wisely

Alpha_TraderX

Analysis: 1) Ascending triangle pattern has been formed. 2) The support and resistance lines have converged and the pattern is on the verge of breakout. The stock looks bullish and upward move is expected once it breaches the resistance line on closing basis for the given time frame. Disclaimer: These analysis are only for educational purposes. Plan your trade wisely.

Alpha_TraderX

Analysis: 1) A strong triangle pattern is in formation. 2) The support and resistance lines are converged and the pattern is on the verge of breakout as can be witnessed from the chart. The stock might give a bullish breakout and in that scenario 153 can be the stop loss level with 190 as target level. Disclaimer: These analysis are only for educational...

Alpha_TraderX

Analysis: 1) Stock is trending upwards with repeated higher lows along with higher highs. 2) MACD histogram divergence has formed which is considered very bullish. 3) Stock is at very strong support from which it has previously taken support and resistance . Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.

Alpha_TraderX Updated 

Analysis: 1) Bullish Harami Cross Pattern has formed as today's close i.e. 26 May, 2021 2) RSI is converging with the stock, forming higher lows while stock has formed 2 consecutive lower lows. We consider it to be strongly bullish. 3) Stock is at very strong support from which it has previously formed new highs and shifted the trend from sideways to...

Alpha_TraderX Updated 

Analysis: 1) The stock has seen significant correction 2) It is present in a strong activity area from where the stock has previously witnessed support and resistance 3) The stock is also taking a support from the trend line 4) It is also retracing from 0.882 Fibonacci levels Interested traders can look for confirmation by waiting for the price to breach 165...