ManikandanElango

ManikandanElango

Buy above day's high, sell below the red line (Preferably below the green support zone for high reward setup) Chart is self explanatory I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram channel is to save my charts for future usage and to see in mobile.

ManikandanElango

Buy above the red zone, sell below red line.. 1. It looks like a consolidation in a Flag in Daily charts but in weekly charts its facing resistance 2. RSI is moving in downward channel, so most probably follow the direction I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The...

ManikandanElango

Short below Today's low for the support area in Green rectangle with stoploss above 200MA Reason: 1. Broke Trendline 2. Facing Resistance in Trendline and RSI 3. Facing Resistance in 200MA I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram channel is to...

ManikandanElango

As per Weekly Charts, 1. Grasim is about to give a Death Cross, Facing resistance in 50EMA As per Daily Charts, 1. Its facing resistance at 200MA and resistance in channel and RSI I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram channel is to save my...

ManikandanElango

1. Axis Bank in Trendline support from 2019. 2. Right now its in channel if u see from lower timeframe and doji and selling volume if u see in Daily Charts. 3. RSI is also moving in Channel. 4. Take the trade in the direction of Momentum either below the channel or above the channel. 5. Green lines show potential support points. I started my own telegram...

ManikandanElango

Watchlist,.. As per Weekly Charts Ajanta Pharma already formed HNS during a uptrend. 1. HNS Breakdown confirmed during mid of 2018 but there seems to a long term support near 900 levels. 2. It faces resistance near 50EMA in weekly charts and the momentum in RSI is along resistance at the exact same location. 3. It faces resistance near 200MA in Daily charts...

ManikandanElango

Crudeoil may face resistance near 64-66$ I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram channel is to save my charts for future usage and to see in mobile.

ManikandanElango

HDFCBANK is potentially forming a Rounding Top after the breakout, volume is decreasing, RSI may face a rejection from the trendline. This is not a recommendation for Buy or Sell. Just plain view. I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram...

ManikandanElango

Reasons for the short: 1. Godrejind is facing rejection in the area of 200ma after the Death cross happened. 2. The price is also getting rejected in the last yr support which turned as resistance. 3. RSI is also rejected is the same area Pink line - Stoploss Red line - Rejection Green line - Targets I started my own telegram channel to save my charts, if anyone...

ManikandanElango Updated 

This is again forming a rounding top after several months. As per the Inversed cup and handle, Breakdown likely to occur. Reason: 1. Facing Resistance in previous price range and RSI (Momentum)... 2. Facing resistance in 50EMA... Thesis fails if it breaks 50EMA... Sell with stoploss little above 50EMA...

ManikandanElango Updated 

Short below 208.7 Target and stoploss are marked in charts

ManikandanElango Updated 

Short below the Trendline for a target of Marked support zone with upper zone as stoploss

ManikandanElango Updated 

Negative divergence seen... Price is previous support level, if u watch weekly charts one can understand, as RSI facing resistance... Keep stoploss at 48 Targets - 43, 42.1, 40 Keep trailing the stoploss

ManikandanElango

Training eyes for Triangles - KTKBANK

ManikandanElango

Training eyes for Triangles - HDFCBANK

ManikandanElango

Training eyes for Triangles - INDUSINDBANK

ManikandanElango

Training eyes for Triangles - Axis bank

ManikandanElango

Just a study on Triangles - Training eyes