Study:- PCR - very bullish; Long positions being built as observed in OC. Vol spike observed today. If it crosses 106.5 then it will reach 110 where 200 DEMA resides. 10 L OI at 105 is at risk if it trades above 105. Should sustain above 100. *This chart is for educational purpose only.
Study:- Buy on dips. Excellent structure. Accumulate gradually to get very good return. Given a BO from symmetrical triangle and ready for up move. Buy on dips and hold. Huge increase in volume is observed along with increase in price. PCR is bullish for July and long build up observed in OC. If market depth is good it will be a rocket. I will be keep on updating...
Study:- Buy on dips. Excellent structure. Accumulate gradually to get very good return. Given a BO from symmetrical triangle and ready for up move. Buy on dips and hold. Huge increase in volume is observed along with increase in price. PCR is bullish for July and long build up observed in OC. If market depth is good it will be a rocket. I will be keep on updating...
This chart is for educational purpose only.
Study:- Seems a break out is going to happen. Volume is increasing. BUT RSI is on overbought zone. Huge call writing in 200 so it will act as a resistance. Put writing is observed till 200 so probability is stock will go till 200 in short term then retrace back to selling zone or it might retrace first accumulate order and then again move up provided it closes...
Study:- Good structure; 2 Inverted H&S formation with double bottom. Increase in volume observed and 20 EMA for Vol is increasing. RSI is in overbought zone. After crossing 200 DEMA gained momentum. Wait for retracement to happen as already moved substantially. Observed buying during last hour. Expected to move up. PCR - 0.99 and put writing observed at 240...
Buy on dips strategy. Good buy would be around 140-142 region. Trading in a channel. Structure looks good. Given a breakout with volume. Wait for retest and then continuation. If it breaks trend line with volume then trend might reverse.It is currently consolidating.
Study:- Selling is getting observed when the price is coming down. Diamond pattern is observed implies volatility squeeze. Expect a big move. Currently price is in no trade zone. Wait for it to move and give break out. Position is getting build in 165 and 170 range in OC. PCR - 0.82 As bullish hidden divergence is observed between Price and RSI hence probability...
Good Volume. Cup & Handle pattern observed. Bullish flag pattern breakout. After accumulation phase again it has started it's journey. Keep in watch list. It might halt a bit near 48.5 due to 100 DEMA. If it closes above 100 DEMA it will move to 54 range. *This chart is for educational purpose only.
PCR - 0.69; OC looks bullish Completed accumulation phase with high vol increase => Bullish sign If it closes above 170 then it will reach 180-183 range.As it has given a break out from its accumulation range probability is high to move to 180 zone Strategy would to buy on dips and hold. *This chart is only for educational purpose.
Observing a H&S pattern; Broken the neck line. Expected the price to go down near 1600 and below it. If gaps dwn more downside towards 1580. Option change looks very bearish as lot of short positions has been built today. View negated above 1631 closing. *This chart is only for educational purpose.
Study:- PCR - ~ 1.01 Call writer has built short position. Double top observed in 1 hr TF. Has broken the trendline. Today Closed below 20/50 DEMA. If there is a GAP UP tomorrow then this might work. If flat open or gap down then probability increases to reach the target. ** This chart is only for educational purpose.
PCR - 0.75; High resistance at 1600 21 L OI. Hanging man formation in weekly chart. Bullish engulfing pattern observed last day with vol showing strength closing abv last 3 days candle. MACD is showing +ve cross over to happen. Increase in vol observed after 1 week. In Daily chrt inv H&S formation is observed. 20,50, 100 DEMA slope is upward. Have to wait for the...
Expected to go dwn to 160; Support at 170 and then 160. Gap down tomorrow. Formed a bearish engulfing in daily candle. There will be huge short covering rally.
Observing a H&S pattern; It has broken the neck line. Price to go down near 1600 and below it. If it gaps dwn more downside towards 1580. Option change looks very bearish as lot of short positions has been built today. View negated above 1631 closing. *This chart is only for educational purpose.