Chaser30

Chaser30

Market can be either in trending phase or in a range-bound phase. No trend generally lasts forever in the market. After prolonged or medium or shorter duration up and downtrend, the market often reverses and a move starts in the opposite direction of the prior move. Often we find that well defined geometrical patterns are formed in the chart which provides good...

Chaser30

Crisil have given breakout from a cup and handle formation above 3500 with peak volumes showing huge buying interest and sudden change in sentiment. Both RSI and MACD are showing positive signs. RSI has breached above 60 which confirms that bulls are very strong. MACD has also shown crossover which confirms change in sentiment. Precaution:- Since broader...

Chaser30

Death cross is visible in nifty also nifty is facing resistance at the falling trendline which is very negative. Both RSI and MACD is negative i.e. again bearish. Avoid fresh longs and short below 50D moving average i.e. 17129.

Chaser30

-> Definition of Reversal patterns :- Reversal patterns mean the formation of candlesticks which indicate the end of the existing trend (uptrend or downtrend). When such formation appears in a downtrend, it indicates a bullish reversal or end of selling spree and onset of buying spell. Conversely, when a trend reversal pattern forms in an uptrend, it warns...

Chaser30

Borosil Renewable has given breakout after facing resistance near 750 for two times with record volumes. Huge volume is visible which means sudden change in sentiment of buyers which is supporting the breakout. RSI has also breached above 60 showing strength which is again a positive sign. Though, MACD has not shown conformation but it seems that on next...

Chaser30

-> Definition of Inside Candle As the name suggests, an inside bar chart pattern engulfs the inside of a large candle, some call it a mother bar. It’s a pattern that forms after a large move in the market and represents a period of consolidation. The inside bar pattern can be a very powerful price action signal if you understand how to trade it...

Chaser30

As the title states , SHAREINDIA has steadily shown a breakout of cup and handle pattern with accumulating volume without facing much resistance at its neckline. RSI is also showing a uptrend with higher highs again a positive signal. MACD is also maintaining its strength.

Chaser30

IIFL has given dual breakout from Double bottom and Double top pattern above 360. IIFL has finally given breakout above 360, after two attempts i.e. Double top breakout with buzzing volume. IIFL has also formed Double bottom pattern whose breakout also came above 360 which is a strong bullish sign. Both RSI and MACD is showing strength, RSI breached above...

Chaser30

ITC the 'rising giant' is showing its heroic move with very much similarity as the 'Puspha' character, who was misunderstood in the movie as inefficient man and same here 'ITC' was assumed as slow mover but now it has changed everyone mindset with a strong move. ITC has formed rising three method pattern in daily charts...

Chaser30

Vidhi a trending stock which was was under consolidation in recent times has given a breakout from inverted head and shoulder pattern with strong volumes. Both RSI and MACD is showing strength.

Chaser30

India Glycol has given breakout of double bottom pattern, this week with a life high, this breakout have unlocked huge targets for itself. MACD has also shown a positive crossover. RSI is supporting the up move which further provides confidence.

Chaser30

Yes, Solar industries is really a strong stocks which is out performing the markets. It is showing a range breakout with positive MACD crossover and rising RSI which is a positive signal.

Chaser30

HAL had given a breakout from a inverted head and shoulder pattern which is extremely bullish pattern. Also, positive MACD crossover is visible and RSI breaching above 60 again a positive sign. Volume is also supporting the up move. Pattern target of 1650 could be seen.

Chaser30

Finally Deltacorp has given breakout above 315 with strong volume concluding it a breakout. RSI is also rising above 60 a bullish sign. Positional target of 373 could soon be visible. # Enjoy_trading

Chaser30

EIHOTEL has finally given the range breakout with a level breakout above 145 with rising volume supporting the breakout. RSI breaching above 60 again a positive indication. By giving this breakout it has unlocked the level of 158 and 177. A huge upside available. #Enjoy_trading

Chaser30

Nifty which was facing resistance around 200DMA has significantly crossed above it with huge gap and the next level resistance level cold be 17385 i.e.100DMA so, we will wait till nifty sustain above 17385 to go long above which 17520 could be seen. RSI has also given breakout above 55.9 and supporting the up move. View bullish on nifty. #Enjoy_trading

Chaser30

As, the title says entry available in trending stock GREENPANEL, yes as the chart shows whenever it takes support on 20 weekly moving average it makes new high after which it shows it's rocket move. And, now is that time to enter for rocket move also MACD histogram has turn positive which indicates the up move pending in near future.

Chaser30

Brigade is giving consolidation breakout of more than 4 months above 505 on weekly basis, after a strong uptrend and now it seems that it can resume its uptrend again. RSI is also showing strength and breaching above a bullish signal. Though, MACD is not showing signal but it's likely to show positive histogram in next week, but if you are conservative trader you...