SAIL is forming a Descending Triangle , RSI has already given a Trendline Breakout , a descending triangle breakout is soon expected.
Suggested Entry:- Above 130 levels
Targets as per Fibonacci Extension:-
BRITANNIA had given a long period Trendline Breakout on 7th June and sustained above the Trendline. The stock then gave Ichimoku Cloud Breakout along with Triangle Breakout on 15th June and sustained above Ichimoku Cloud, confirming a start of an good uptrend and a good buying signal.
Targets For Britannia by Fibonacci Extension Tool are:-
ZEEL is moving on a Modified Schiff Pitchfork , wherein the stock is taking multiple supports at 0.5 levels of Pitchfork.
Next time open a Long Position when the stock takes support of 0.5 levels of Pitchfork and retraces back up.
PHILIPCARB has shown a good entry point today.
Trend based indicators show:-
Crossover of 10EMA over 20EMA (BUY)
Crossover of +DI over -DI (BUY)
MACD line entering bullish zone (BUY)
Volume based indicators:-
CMF showing convergence since 3rd of March (BUY)
Ichimoku cloud strategy:-
Price crossover above cloud (BUY)
Tenkan sen crosses above kijun sen
10 EMA crossing over 20 EMA (BUY)
+DI crossing over -DI (BUY)
MACD Line Entered Bullish zone (BUY)
Price crossover with Cloud
Conversion line cross over with Base line (BUY)
Nesco is making a Triangle pattern since 25th Aug on a One Day chart,
As shown in chart: The Green Flags are strong Resistance levels and the Red Arrows are strong Support levels.
NESCO is also in the ICHIMOKU cloud and a cloud breakout is expected in coming days, on breaking of cloud there is a strong chance of NESCO to break the Triangle and moving towards its...