Saritakumari

Saritakumari

1.double bottom formed. 2.at bottom buying Seen today. 3.consider As trend reversal 5.stoploss 2295. Target more than 12%. Time frame -target or stop-loss.

Saritakumari

Reliance has formed the double bottom formation. Consider it as trend reversal.now one can initiate swing trading with stop-loss 2295 on closing basis. Target is sell on rise at every 5% gain with 20%, of holding. Rsi has in oversold zone,giving an opportunity for long-term accumulation.

Saritakumari

See this chart 1. In RSI it's break the trendline.trading above trade line. 2.it has good support of 375-370(support must be zone) 3. It can give unmove upto 445. No buying recommendations, only observations. . To eliminate the noise in investment ,must look sector performance. Auto sector given good run.some time correction is pending.

Saritakumari

In weekly chart DBCORP is going to crossovers. 50EMA is going to crossovers 200EMA from below.this is golden crossover. It is a positive for the stock.if it moved above it and trade 140.then one can initiate buy positions with sl b3low 200EMA line. In daily chart golden crossover already happen in September, now it retesting its 200EMa. Recommendation:wait...