HELLO EVERYONE, You all can see the beautiful and clean chart of NSE:MCDOWELL_N on a Monthly Pivot-Point TimeFrame, where the following observations are crucial to note down and understand! -> Inside + Narrow CPR Setup depicts that the price movement for this month of April can be "Trending" which usually suggest a breakout or breakdown of a range-play...
Another script for long term investment! long term triangle pattern can be seen on the chart with Monthly DZ as it's base, price tried to give a breakout but failed and RSI shows that clearly with a negative divergence. Fresh longs between weekly swap zone and hold for long term. Pivot Reversal Levels: - Buy above 145.20 - Sell below 135
This is a clear chart with marked DZ/SZ zones! One thing to notice here is the weekly swap zone (orange colour) which lies in between 165-175 approx. and one can clearly see how strong is this zone (auth zone) as the volumes speak for it's justification! Also, RSI is also coming to support the above probability by showing divergence compared to price. So, fresh...
A strong formation can be seen on the charts very clearly! 3yr Weekly Swap turned into DZ which is act as a very strong support now. A mild divergence was the reason for the stock to apply break on it's upside momentum but this will resume once the marked resistance levels (orange lines) are conquered. Pivot Reversal Levels: - Buy above 544.50 - Sell below 487.50
Another script from the JK group following the same pattern of multi-year breakout! A 5yr resistance breakout - retest and an impulsive move. But, have a look at the RSI, this is still strong applying break to the upside momentum of the stock. Hence, watch for a dip till weekly DZ (green box) for entering in this script. Pivot Reversal Levels: - Buy above...
Stock seems to be a buy on dip stock! Price has been following breakout pattern and then retrace for a retest of breakout levels! Can be considered an SIP stock too with buying on dips/retest. Pivot Reversal Levels: - Buy above 7013.40 - Sell below 5772.20
Price has manage to breakout a 6yr long zone (orange one) and now it is turned into a strong swap zone! Moving on further, there is a fresh Monthly supply zone from where price has reacted recently. Also, a rounding bottom formation can be seen on the chart which can further transform into Cup & Handle pattern. So, keep a watch on the price movement. Pivot...
A 3yr-long resistance breakout can be seen on chart and this has become a strong support now! Stock has rallied to new highs but mostly can come back for a retest to it's weekly DZ. Hence, buy around the retest level. Pivot Reversal Levels: - Buy above 279.40 - Sell below 242.90
A pure portfolio stock which can be seen as buy on dips for long term too! So, recently price has given a good breakout from it's 10month range. But, RSI can be seen facing a resistance so price can also see a re-test of it's recent breakout level for a fresh up-move ahead! Pivot Reversal Levels: - Buy above 3993.30 - Sell below 3557
Price is at a good juncture of weekly demand zone + Fibo golden level! Expect a bounce from the Weekly DZ for a small pullback as the broader structure will remain sell on rise till the weekly SZ on the top is taken out! Pivot Reversal Levels: - Buy above 210.65 - Sell below 178.95
Price can be seen reacting from it's embedded Weekly Supply after it's quarterly results! So, price can bounce on it range-bound lower channel (also a weekly demand zone). Pivot Reversal Levels: - Buy above 728.45 - Sell below 689.35
A very clear pattern of breakout and retest (buy on dips) can be seen in Wipro! But, with every breakout volumes are fading away along with a probable formation of negative divergence on RSI. So, price can again come back to the mark Monthly Demand Zone once for further ATH. Pivot Reversal Levels: - Buy above 608.95 - Sell below 565.35
A strong 10month breakout can be seen clearly! If the forming RSI negative divergence stands true then, price might come for a re-test to the marked breakout level. Pivot Reversal Levels: - Buy above 1140.40 - Sell below 1056.80
We can price is reacting strongly at the Monthly Swap Zone! But, also see the ascending triangle pattern breakout with a proper retest! Now, 550 will act as a strong support for long term and stock looks good for investment for long term too. Pivot Reversal Levels: - Buy above 637.45 - Sell below 577.45
Huge Volumes but still could not break the 12month long consolidation range! Pivot reversal levels for: - Buy above 146.5 - Sell below 132.3
Price can be seen approaching the Yearly Pivots! Note : - The Yearly Pivot in the chart is a “Virgin” Bullish Yearly GPZ which acts as a strong zone! - Price is currently hovering near it’s weekly demand zone too! Long between Yearly Pivot & L3 SL Yearly BC (Bottom Central)
After bouncing from the swap zone (blue zone) it has come to a 7-month Supply Zone (red zone)! One can look for buy on dips till 160-165 for the mentioned targets (green lines).