Tata power following some pattern before moving upward. Its taking support of 50 Moving average. Tata Power after entering to RSI red zone enter in RSI green zone from below(Entering RSI red zone must for big move) Stock cross above or touch 50 days Moving Average then it move up price RS-30+. All three condition must be satisfied for big move. This...
Realty sector breakout after 10+ years. After breakout of trendline it may fly high like phrama and metal sector. Sharing personal observation do investment after consulting your financial advisor. Please like & comment to motivate. Happy investing :)
Pennant chart pattern breakout with volume , looks good in long term with stop loss of 516. 1st target 575 2nd Target 595 3rd target 620+ Its my personal observation do investment after consulting your financial advisor. Please like & comment to motivate. Happy investing :)
Skipper on crucial point to move up Crossed above 200MA Rising three methods candlestick formed on weekly chart : Rising three methods is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend. Buy only if it cross support zone and up trend line above 98 for handsome profit. if it fails to...
ITC uptrend reversal and RSI breakout on daily chart. One repetative pattern found In every 69bars price touch from lower trend line to upper trend line and increase in price of Rs-74. if it follow same pattern it will touch Rs:270+ by october end with stoploss of 190. Its my personal observation do investment after consulting your financial...
Multi year breakout with good volume . if it cross 155 looks very profitable in long term. Add in watchlist and observe break above 154. happy investing :)
IBREALEST on good support for reversal.can give return of 8%, 15%. Wait for green candle on shorter time frame for confirmation. Consult your financial advisor before investing. Thanks
RSI Resistance breakout after long time. Power sector boom. It looks good above 115 and Target of 124,140+ Please consult your financial adviser before investing.
It may bounce back if respected this trend line may go 1st Target = 490. Do your exercise of learning. Learn Together :) please comment of suggestion...
Possible sign of downtrend continuation towards 118 because of RSI divergence(Price is going down on trend but RSI is going UP) .
IRCON can break out from on weekly chart (H & S Pattern Observed) If it breaks above 96 and sustain can go till 114 Level may be further. This is chart analysis not investment advisory. Happy Learning Together. Cheers :) www.thehindubusinessline.com
Buy above 736 with TARGET-1= 747 , TARGET2= 758 , TARGET3= 769 STOPLOSS - 727 MAX TIMELINE = 1 Week
BHEL at crucial level of both Weekly and Daily Trend line Resistance level , 4 HR RSI in overbought reason so small correction expected before moving up.
Tech Mahindra is in down trend for short term, Watch out Major Level of support (880-900) and short term trend break. Follow trend and do further study ;)