Hindalco stock has made double top on hourly time frame along with bkt , bearish hidden divergences rd in rsi, macd, stochastic etc, we are having bearish bias in this stock, one can go short at these levels or on rise ( if any ) with stoploss of 486, all the key levels are mentioned on chart along with stoploss and targets. key levels are mentioned on chart...
After retracing 61.8% of recent rise or we can say wave I, Gold has given a positive daily close in yesterday's trading session, it looks like corrective wave II is completed and now wave III can possibly unfold, we also noticed that since april 2020 gold is responding nicely as support and resistance at these areas of $1740 to $1760 price zones, at this time...
Brent crude oil has broken the trendline resistance and it looks like primary wave 5 has started, and within wave 5 , wave I and wave II are posiibly been completed and wave III should now unfold at $ 79.40 to $ 80.21, where wave III will be atleast equal to wave I, and on the down, the swing low of $ 70.89 will be now crucial support. one can go long at current...
Nifty IT, looks like it has completed wave 3rd of bigger degree wave 5th, now it could started steps towards wave 4 as corrective, as per sector views it stocks could show little bearishness as per index predictions. Wave structure Macd in daily time frame Negative crossover Rsi downtick in daily time frame trendline breakdown in hourly time frame adx dmi...
Cipla, this stock tested weekly lower bollinger band and bounced back sharply recently, also positive crossover has done in the weekly oscillator stochastic indicator. the wave structure suggests that it is in a larger degree wave 3 which is getting subdivided. within wave 3, the stock has completed wave I and II and it is currently in wave III of 3, as wave III...
Tata power, daily macd indicator has given positive crossover and that also above zero line, it looks like the stock has started wave (5) of 3. as of wave (5) unfolds, the stock can possibly rise higher to 140, 146, 151, 160, and 171 levels. one can go long at these levels or in dips (if any opportunity) price can dip towards green box buying zones mentioned on...
Gail has completed impulse wave of some degree as 1 to 5 and now is in correction phase likely to be a b & c, as per our view, there could be a good probabilities of price to go down towards 125 to 130 zones, if situation goes as presumed then we can get any one trading opportunity from two options mentioned below. First trading strategy option is sell on rise...
The small rising channel we see as wave z has to break down with close below 92.870 to confirm that the dollar uptrend has ended, then we can say that the last push higher is certainly completed, and may be bear market in dollar has resumed. macd in daily down tick macd in hourly rsi in daily is down tick stochastic in daily negative crossover dmi adx in...
Natural gas has given breakout from ending diagonal pattern with good intensity of volume, one can go long at these levels or in dips (if any) with stoploss of 283 for targets of 295, 302, 308 and 313 breakout structure macd positive croosover rsi scenerio rsi divergence Disclaimer I am not sebi registered analyst My studies are for educational purpose...
Kotak bank stock retraced 50% of wave 3 and formed an ending diagonal pattern in wave 4, finally has done breakout from ending diagonal pattern, it looks like the correction is completed and the stock is likely to started its next step of upmove, also the macd in daily time frame has turned bullish and done positive crossover, as the wave 5 unfolds the stock may...
Gold has given a positive breakout with good intensity of volume, all key levels are mentioned on chart, one can go long at current levels or in dips (if any) with stoploss of 1803.75 key levels are mentioned on chart intensity of volume is good at breakout candle macd in daily time frame macd in hourly macd in 30 minutes dmi and adx positive ungali in 30...
Whirlpool of india has made bearish wave structure in daily time frames, after making a high of 2418.70 on 16th june it has started a fifth wave for down side, if it breaks down black support trendline then it may begins new fall. price is below 20sma of hourly and daily time frame. wave count scenerio with all levels Macd in Daily time frame Rsi in daily is...
Dabur has given good breakout with good volume intensity One can go long with mentioned key levels, All key levels are mentioned in chart along with stoploss and targets Key levels Daily time frame chart pattern cup n handle breakout MACD in Daily uptick MACD in hourly positive DMI ADX Daily time frame DMI ADX Hourly time frame Upper BBC Hourly RSI...
Concor has given parellel channel breakout along with all good setups can go long at current levels, All key levels are mentioned in chart along with stoploss and targets. Key Levels Bollinger Band Dmi Adx RSI BUY MACD Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
kotakbank has given breakout from resistance trendline in hourly time frame along with rsi bullish divergence, and now it is retesting broken resistant trendline this can be opportunity to go long on dips with stoploss of 1748 for targets of 1774, 1781, 1787, 1796, 1805, 1816, 1831, and 1850 in coming days Disclaimer I am not sebi registered analyst My studies...
Looking Bullish all the key levels are mentioned in chart with stoploss and targets Disclaimer I am not a sebi registered analyst My studies are for educational purpose only Please consult your financial advisor before trading or Investing
Cholamandalam Inv looking good to buy with Stoploss of close below 522.75 All the key levels are mentioned on Chart along with stoploss and Targets. BOLLINGER RSI BREAKOUT ADX AND DMI TREND MACD Disclaimer I am not sebi registered analyst My studies are for educational purpose only Please consult your financial advisor before trading or investing
Looking Bullish Trend Impulse has been started, One can go Positionally Long now or in dips till 68 buying zones 68 to 75, with positional stoploss of close below 61.50, for Targets of 83.50, 90.30, 97.10, 106.80, and finally 119.00. The key Levels Daily time frame price action Breakout Along with RSI Breakout ADX Bullish Bollinger Disclaimer I am not...