In the charts of USD/INR price is froming Lower Lows (LL) and RSI is forming Higher High (H H) within oversold zones... It is expected that whenever these types of divergence is formed it seems to be Price Reversal... I have made a long position at a price of 64.85 looking after this divergence... Note: Do your own study before making any position.. Please...
On stock Gravita India as previoisly I have mentioned negative divergance on daily charts it is showing positive divergance on hourly chart after taking support over 50 days EMA .. I think it has made a bottom on support of 50 days EMA... Now my expection is it may boom to 75-80 region within 2-3 months....Good to buy at current level value for money ...... CMP:...
It has shown a negative divergance and a big downfall with high volumes..... it can fall upto 50 days EMA and take support over it because it is in uptrend on monthly chart .... for long term investment this fall is a golden opportunity.... it may fall upto 50 - 47 region.......
PNBHOU has taken a support over 50 days Exponential Moving average and is now in a strong uptrend with higher volume.In terms of fundamentals it is investment stock. Stock is good for a return of 25-30 % in 10-20 days.... In terms of risk and reward it is best pick... target 1 :1050 target 2 : 1080 target 3 :1110 + SL : 1010
Recently, Just Dial has given a strong bullish move with higher volume on daily charts and a clean curve Bullish bollinger band expansion where candles are riding upper bands with a breakout over trend line ... Here is a beautiful risk and reward ratio for medium term investors with a TARGET of: 900+ within 2-5 months with a Stop Loss of 545..... CMP 583
This stock is showing a bullish expansion where candels are riding with upper bollinger band with higher volume.. this stock has a very strong uptrend with target of 100+ .....