Very crucial level for CRUDE at multi year Resistance/Support level, one can go long if sustain above $55. INR 3895.
* On the daily chart stock price has decisively broken out from its multiple resistance zone of 209-212 levels on closing basis and sustaining above the same. * This breakout is accompanied with increase in volume which supports bullish sentiments ahead. * The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in...
* On the weekly chart stock price has formed "INVERSE HEAD & SHOULDER" pattern and has given breakout on closing basis * This breakout is accompanied with increase in volume which supports bullish sentiments ahead * The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside...
On the daily chart stock price has formed "CUP & HANDLE " pattern and has given breakout on closing basis * This breakout is accompanied with increase in volume which supports bullish sentiments ahead * The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in...
* On the weekly chart stock price has formed "CUP & HANDLE " pattern and has given breakout on closing basis * This breakout is accompanied with increase in volume which supports bullish sentiments ahead * The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in...
Inverted flag pattern, with increase in volume shows weakness in stock. One can look for short position at break of flag. #Planyourtrade
Inverted Head and shoulder pattern, one can take long position. #keeponradar
Shot EXIDEIND breakdown from classic Head and Shoulders pattern.
Break of channel support can take shot position for short term.
* Down trending trend line, rejection of breakout with shooting star and confirmation bearish candle. * RSI and STOCH are showing negative crossover. * CMP 220.70 SL 232 Trg 1st- 200, 2nd- 189 (Risk:Reward=1:2.5)
* Bullish flag pattern with increase in volume * RSI in positive territory * STOCH in positive territory with bullish crossover * Buy above 716-717 SL- 686 Trg 779 (Risk:Reward=1:2)
* Trend line support with increase in volume * RSI and STOCH positive crossover * Buy above 1459 SL 1450 Trg 1468-1477 (Risk:Reward=1:2)
* Lower trending channel pattern, rejection on upper channel line. * RSI and STOCH indicator showing weakness in stock. * Confirmation with High volume. * CMP 361.10 Trg 300 SL 381 (Risk:Reward=1:3)
* Inverted flag pattern. * Confirmation with flag breakout candle on 21-12-2018 * RSI on bearish zone, STOCH negative crossover and in bearish zone. * CMP- 502.45 SL- 532 TRG- 443 (Risk:Reward=1:2)