Swelect Energy - Trendline Study
Watch out for June 1st week.
1. Price is above 50 EMA and 200 MA. 2. RSI progressing steadily. 3. Two bullish candles
Gulf Oil Lubricants - Daily - Trendline - Support - Resistance 1. Out of long term trendline. Seems to be in downtrend. 2. Moving average crossover (Death cross ==> 200 EMA vs 150 EMA). 3. 689 seems to be a good support for short term.
Cupid - Weekly - Trendline - Support - Resistance 1. RSI Bullish Divergence - Observed in Hourly. 2. Recovering from the lows of double bottom. 3. Resistance around ~150.
Berger Paints - Weekly - Trendline - Support - Resitance 1. On the verge of breakout. Strictly follows. trendline support. 2. RSI is entering over-bought so some price retracement can happen
Whirlpool - Weekly - Trendline - Support - Resistance 1. RSI - Double top. Can expect price to correct further. 2. Within the long term trend started in 2016.
Aarti Industries - Weekly - Trendline - Support - Resistance 1. Within the longer trend (Uptrend) 2. Flag in weekly 3. Double bottom in RSI
Ashok Leyland - Trendline - Support - Resistance analysis 1. At multi year low near 60 2. RSI entering over sold
Phase 1: During 2010 to 2013 Phase 2: During 2015 to 2019
1. Symmetrical triangle 2. Declining volume 3. Breakout near ~2500
- Reversal - India Cements
HawkinCookers - Harmonic Pattern - Education