🟢#IRCTC is ready for a trend reversal near the LTP = 642.75 . 🟢Gave buy signal @642.7 on VSA Momentum indicator. SL 604 🟢Will buy on dips or add more around 620 with 1% loss/trade
🟢1W charts indicate capitulation & volume explosion near 180 🟢Veranda taken support @166 & has entered stage two uptrend 🟢It has given buy signal at 198.85 on VSA Momentum indicator. 🟢Will buy at CMP & add more on declines near 176. SL= 159 WCB 🟢Above neckline resistance of 224 it will start fresh uptrend
🔴Pharma weekly chart see bearish #InvertedHammer candle 🔴Daily RSI(14) cooling off after testing 90 mark. Overbought 🔴Price & Volume indicate its ready for bearish trend reversal 🔴No inverse ETF's in India. So at least will book profit & exit.
🟢1D charts indicate capitulation & volume explosion near 600 🟢Barbeque taken support near the IPO price of 552/592 levels 🟢It has given buy signal at 650.55 on VSA Momentum indicator. 🟢Add more on declines near 642.SL= 525 on week closing basis.
🟢1W charts indicate capitulation & volume explosion near 122 🟢NYKAA taken support 130. About to enter stage two uptrend. 🟢It has given buy signal at 146.05 on VSA Momentum indicator. 🟢Will buy more on decline @130. SL=445 on week closing basis.
🟢2D chart indicate capitulation and volume explosion near 420 🟢Stock has good support near 485 and entering stage 2 uptrend 🟢It has given buy signal at 563.90 on VSA Momentum indicator. 🟢Will buy at CMP & add more on declines near 500. SL= 485 WCB 🟢Above neckline resistance of 585 its likely to start fresh uptrend
🟢TCNBrands taken support @390. Weekly chart given buy signal 🟢Buy near 444. Buy on dips @400. SL= 385 weekly closing basis.
🟢Oversold Reliance can test patience of the bears above 2321 🟢In 75M RSIStair have given a buy signal with very high volume 🟢Reliance Fut can surprise shorts by moving upto 2365 / 2392
🔴3 black crows pattern. NF breaks 20 DEMA with high volume. 🔴2D charts indicates a SuperTrend breakdown with volume BO. 🔴Wide bar candle on weekly charts breaks previous week low. 🔴Higher volume on sell days & lower volumes when they rise. 🔴After 3375 point run up Time & Price wise correction ahead.
🔴Nifty trading below the major moving averages 20/50 DEMA 🔴Faced resistance near 19845 with Ice Land reversal pattern. 🔴It has given sell signal at 19691 on VSA Momentum indicator. 🔴Closing below 19482 can be first warning even for investors.
🔴BankNifty breaks down below the 20 DEMA with risign volume 🔴2D charts indicates a SuperTrend breakdown with volume BO. 🔴Wide bar candle on weekly charts breaks previous week low. 🔴Higher volume on sell days & lower volumes when they rise. 🔴Breaking 43300 gives double top confirmation for TGT 40000.
🔴HDFCBank trading below 200/50/20 DMA. Last support @1500 🔴Stock has given sell signal @1522 on VSA Momentum indicator. 🔴Till 1560 is protected on DCB it can see 1476/1416/1355/1289
🟢XAUSD taken support near 1900 levels and bouncing back now 🟢Trading above major moving average. RDX momentum score 2 🔵Buy signal at 1923. Bullish with SL 1886 DCB. TGT: 1981/2077
🟢#Nifty BO above monthly R2 and previous ATH of 19997 levels 🟢Festive/results season ahead. Nifty trading in blue sky zone. 🟢All averages & oscillators are bullish. RDX momentum score 5. 🔴Its near longterm trendline resistance connecting 6357-18604 🔴Index is little overstretched and trading far away from MA's 🔴Nifty reversed from traditional pivot R3 of 20200...
IT index getting momentum. Good to buy Nifty IT ETF's above 29659 till its trading above 28300. 🟢RSI on 2D TF looking good & trading above 55. 🟢After long consolidation its time to go higher. 🟢RSIStairs given a buy signal with VCP pattern.
🔴Nasdaq broken 20 DEMA with VolexP. Resistance near 15620. 🔴Currently trading lower end of the rising channel. Breakdown 🔴Once 15000 is taken away by bears, it can do trend reversal.
🔴All four major index ETF's in US markets has broken down. 🔴ETF's trading below their 20 DEMA. RDX momentum score<5 🔴Higher volume on sell days & lower volumes when they rise 🔴Daily RSI about to break 40 mark and go lower and lower 🔴SuperTrend also indicating trend change & gave sell signal 🔴Indian markets may follow the suite and have broken 20000 🔴Exercise...
🟢RSI (14) on the #CRUDE UKOil 4D chart has crossed 50 mark 🟢Crude taken support near the long term support of 70 mark. 🟢It has given buy signal at 74.60 on VSA Momentum indicator. 🟢Can go to 89/99 in up coming months. Medium term. SL-70