price reversing from the pivot support line price has to cross 200 day EMA for upmove looks bullish stop loss 180
50 day EMA has crossed 200 EMA downwards 12-26 ,50 -100 MACD line are below signal line and zero targets and stop loss are indicated in figure wait for restesting of EMA as resistance before shorting !
though fundamentals are strong and stock is at ATH donot enter long trade -wait for correction liquidate some long position technicals are not strong for long position technicals are described in the chart target 1 - 370
techincals detailed in chart after taking support , price has reversed with good volumes
1. price breached 18 and 50 EMA and today price retested 50 day EMA 2. RSI shows negative divergence 3. 12-26 and 50 -100 MACD crossed signal line negatively and 12-26 MACD is crossing below zero line
technicals are detailed in chart ' target - 300 to 305
techincal in chart on daily and houlry chart price >18>50>200 EMA concer: evening star formed on daily chart ... (? can we consider this inside bar ?? not sure ) enter at 440 to 445 levels ...
cup shaped recovery of PNB Housing one can learn how to identify pivot levles which is acting as support and resistance at different scenario . i will include ema and volume indicators for PNB - in coming days. analysing all together will give excat point of entry and exits
godrejcp looks weak short trem feb 2 to feb 24 2023----prices couldnt breach 944 resistance level and there was a negative divergence in 3-6 MACD, RSI 24 th AND 27th february 2023---price breached both 16 and 50 days EMA ...Also 50 200 MACD crossed the signal line negatively ( after staying above signal ;line for 3 months ) march 1 -price restested 16...