AnilAwadh

AnilAwadh

Positive Points: ============== - Stock is trading near its lifetime low. - Also, RSI positive divergence can be seen on the weekly chart. - A bulk deal done by FPI(erstwhile FII) for 256.48 rs. Negative Points: ============= - India is struggling with TRUST factor with some banks like PMC, YesBank etc. Keeping in mind, banks like RBL Bank, may be affected badly.

AnilAwadh

Nifty Analysis - Details are described on monthly chart

AnilAwadh

Buy Trade Setup: - If goes above 104.7 Reason(s) for Trade: Near the Resistance with capability to break-out Candle size near the resistance is good RSI is above 50+ Previous Break-out was failed ( the break-out candle's previous candle was not of good size and also RSI was in overbought zone) Comment: For more study & analysis update, join...

AnilAwadh Updated 

LTI looks good on weekly chart and about to give break-out of trend-line resistance. Also, lower time-frame chart shows stock is in overbought (below daily-time-frame). So, if stock halt for few days to maintain the RSI before giving break-out, it would be good for good upside move. Let's wait for break-out and then Go LONG!!!!

AnilAwadh Updated 

27-Dec-2019 Trade Setup: Buy Side Entry: 237.10 | SL : 236.35 Reasons for Trade: Delivery % : 65.86% (on Date: 26-Dec-2019) Weekly Chart: RSI Positive Divergence 30 minute Chart: Hammer & Dragon-fly Doji Stock is at Support area

AnilAwadh

Stock saw a downside move by forming a H&S. Now, it is near to Weekly Resistance. It has formed a good sharp curve also. We can Buy it if price goes above 1726.90. Let's monitor it!!! :) For more study & analysis update, join ProfitPattern over telegram - t.me Disclaimer: ProfitPattern is a purely educational Research unit and not a SEBI registered. Please be...

AnilAwadh

Tata Motors is following a disciplined rectangular channel for long time. An upside breakout has been seen in recent and another one is expected soon. Long when channel breakout happens successfully.

AnilAwadh

If Ascending Channel breakout happens with appropriate volume, a long position can be made. Entry - 176.70 Target - 187 SL - 171.70

AnilAwadh Updated 

On 30 minute chart , inverted Head & Shoulders pattern is forming. If neckline breakout happens successfully then PFC can see 113.45 and then after 116.5 . Stop-loss can be the right shoulder's low i.e. 107.40 with a small buffer. Note:- This is a conditional Buy or Long position on inverted Head & Shoulders neckline breakout.

AnilAwadh Updated 

Indus-Ind Bank has formed Tweezers Bottom candlestick pattern after a good downtrend. Buy above - 1445.50 Target - 1461, 1483, 1508 SL - 1430