Stock in strong uptrend - Cup and Handle breakout with strong volumes - will it touch 110+ - only time will tell. Posting for educational purpose only - not an advice for trading - i am not a SEB registered analyst
FIIs and DIIs are selling this stock in strength - will be interesting to see what happens next - will it break above 260-280 or go down - let's see
The stock is currently in its no trade zone – RSI is at 42. There is a clear divergence in price and RSI – Negative Divergence – Formed inverted head and shoulder pattern – Momentum looks bearish – If close below 2570 or 2535 – next crucial support is 2460 and if that is broken – it will go down to 2300 and 2150. On upside, it will face resistance at 2625/2670....
The stock is standing at near its key support zone (Between 521 and 511). It is trading below all important moving averages (20, 50 & 100 DMA) and it about to break 200 DMA. It has lost its momentum as RSI is below 40. If 510 is broken out, it will touch 480 at lower level very fast. On upside, it will find it difficult to break 555. PS - I am not a SEBI...
LT Foods (Dawat) - Ready to break out of Darvos Box - close above 65-66 - Entry at 64-65 - SL - close below 56 - Target - 78 PS - I am not a SEBI registered broker - Do not refer to these levels as advice - Only meant for educational purpose - Pure Tukka - 99% wrong guess !!
Gati moving in Davros box - Did a break out at 106 - Sell Gati if it closes below 106 - Key support level is Rs 99 - It is doing a pullback of break out @ 106 level - if it moves above106 with volume - target is Rs. 130. (P.S - Just for educational purpose - i am not a SEBI registered advisor - Just trying to guess - Pure tukka - 99% wrong :) - so don't take it...
Havells India is at very important support level - can see downtrend if it breaks support of 1110 - Lets see what happens next - Chart only for educational purpose - not an investment advice !!
Loos like heading towards 260-270 - let's see will it reaches there - time will tell - P.S - not an investment advice - just for learning purpose only,
7th Jan - Stock is trading at 166 - Rising Wedge is in formation along with a clear bearish divergence in RSI. Does it indicate an upcoming reversal in trend - we will come to know :)
The Company is clearly in an uptrend. The multiple moving averages provided a buying opportunity in June/July and are continue to be in buy mode. Trend line analysis shows that stock is ready for a fresh upmove once it breaks the price of Rs. 182, with a short-term target of Rs. 220 and a long term target of around 300. This is not a piece of investment advice and...