Here we are analysing index with 2 basic indicators relative strength and Ema 30, in weekly charts. Now, in 2022.. we can clearly see bearishness in smallcap index chart as It's consistently making lower low's like it happened in 2018. In 2018 it clearly given 3 simple warnings before the big fall. You can check relative strength, which turned negative...
Here we are analysing index with 2 basic indicators relative strength and Ema 30, in weekly charts. Now, in 2022.. we can clearly see bearishness in smallcap index chart as It's consistently making lower low's like it happened in 2018. In 2018 it clearly given 3 simple warnings before the big fall. You can check relative strength, which turned negative...
After 3 continous weeks of bullish momentum nifty may undergo a sideline move or correction . If nifty breaks 16806 easily then view is invalid immediate resistance is at 16806 maintaining above this level in the coming week is imortant immediate resistances 16806,16925,17000 immediate supports - 16600,16500
NSE:NIFTY forms an inside bar bullish continuation pattern ,as global market and crypto are bullish we may get a continuation here too Resistances - 16283,16660,16820 supports 16000,15800
As nifty successfully closed above a significant mark of 16220 , Avid bad global cues, current resistance at 16500 and 16605 . Nifty is bullish above a weekly closing above 16605 , but Confirmatory above 16820 only. If global factors remain neutral or positive gap up opening between 16420-16480 expected.
Today carborundum has given a trend line breakout. It tested weekly 30 Ema too. On closing above weekly 30 Ema entry can be made.
Today carborundum has given a trend line breakout. It tested weekly 30 Ema too. On closing above weekly 30 Ema entry can be made.
Ppap auto strong buying usually visible at 172 ranges. Keep a stoploss at <167 on a closing basis and aim for small targets like 185,190,195 Always keep TSL and boom profit in bear market rallies.
From the first trading day of this week ,support trendline has been broken waiting for the rest of the days
Nifty will show a resistance at 1500-15750 range. If gap up opening later fails on sustaining nifty will thrown down to lower trend line. If sustains 15750, it will drive towards 16170 levels Breaking 16200 will give some real hopes to bulls
After a long consolidation elpro is coming out of strong accumulation. Previous movement resulted in 220% upmove. Will history repeat?
Foseco showing good strength and buying interest script may touch ATH soon
EIMCO HAS BROKEN A LONG TERM DOWNTREND . Since then its undergoing an accumulative phase . This slow moving gem has a potential to double in a year,strong balance sheet and a favorable business environment
Classic chart pattern suitable for many types of investors!!! SL As you wish.
Denora is beautiful Buy between 540-640 Can target 1000 or above Keep SL below 525
Denora given a multi year breakout. Stock is showing excellent strength. Add between 525-630. Keep a SL - 515 CLBS
Twitter strong support at 43-44 $ Short term trades can be taken with keep 42.5 as SL. medium to long term candle stick analysis showing a probability to trade at 36-40 $ before next up move.
Multi year breakout in mangalore chemicals and fertilisers. Stock seems obeying fibonacci pattern. 40% upmove expected in 2 months