bank nifty has been given RSI break out and will be go upward at 22082
It's a perfect chart to understand about negetive and positive divergence. When price go up and rsi go down its call negetive divergence (indicate by blue line in chart) after that price will go down & if price go down and rsi go up its call positive divergence (indicate by red line in chart) after that price will go up.
Axis bank are show negative divergence.price is moving up but RSI going down.and it will be came upto his support@406 with following sl@447
Last 4 days nifty50 has been created confusion in market that what is the next level of nifty. it will gone up or down. Today nifty has been closed@11194 and RSI value is 71.78. But if we see 21st july RSI value that is 73 and closing price of nifty is 11162. see difference both rsi value.It is clearly indication that nifty will be gone down on monday.
kotak bank can give a breakout from flag pattern and will be go upto 1375 with small SL@1330
IBULHSGFIN MAKE PIN BAR REVRESAL PATTERN AND ASLO GIVEN BREAKOUT FROM FLAG PATTERN. NOW ITS TIME TO FLY@260 280 SL@213
Today UPL has been good upside move and will be continued tomorrow and may be take upper circuit. buy@445-441 SL@435 expected Tgt@470 497
Yesterday MRPl have given breakout from trendline & resistance but today have closed @41.85 with big volume, you can see in chart. so buy this stock@41.85-38.5 Tgt@49 SL@36.5
ICICI BANK have been made double bottom and give breakout trendline resistance. so buy@350-351 with bottom stop loss@337 tgt@375-410
bajfin will be take support @2700, 2490 and will be gone @3000-3600 with in 3-4 month
Reliance is showing uptrend as technically and fundamentally. strong support is 1600 and will be came at this level and after that it will be gone upto 2360. My suggestion is buy this stock on every dip and hold for 3-4 month. it will given to you good return.
ITC in bullish trend you can see RSI. RSI is 57 and it show bullish trend and volume is indicating same trend with 180 strong support. it will be gone @205 in coming days. if stock sustain at this level you can see 220.
Today GAIL have given breakout with high volume and RSI is bullish divergon zone. so coming days it will be gone upto 111,119 131 with 97.5 stoploss.
M&Mfin chart indicate is pin reversal pattern and last some trading session show high volume in this stock. Buy M&MFIN@CMP Tgt@215 Sl@173
Yesterday bandhan bank is break his main support trend line and resistance trend line and closed at 283 which is over both trend line. Now it will be touched his second resistance at 364. You can see same thing in his RSI. RSI will be touched at 86-88 that is overbought zone and can book yours profit.
Today Chennai petro have given breakout from his trend line resistance after made his support@68. So buy this stock@72 expected tgt@85 for tomorrow with SL@67