🟢 #Silver taken support near 22.6 zones and bounced strongly. 🟢 RST- SAR system has given bullish reversal signal on D/2D/W 🔵 Buy above 23.05 for TGT of 23.40/23.75/23.95/24.69/25.40 🟢 One may even think of buying Silver ETF avoiding the FnO
VolexP in #PayTM possible bottom formation. Not ruling out further downside. But looking at daily volumes buying can be done in staggered manner. 🟢All -ve news being factored in, price should stabilize. 🟠Max 1-2% capital allocation with 3 tranches at least.
🔴 Complex inverted #CupAndHolder pattern on daily TF charts 🔴 RST-SAR system has given trend reversal signal on D/2D/W/M 🔴 Daily RSIStairs fallen below 37 and weekly RSIStairs below 47 🔴 Short trade posted @ 17357 gets new TGT 16400/15800/15433
🟢 #Nifty looks bullish in 75M. One may #Long with protection . 🟢 RSIStairs system has given bullish reversal signal on 75M TF 🟢 Consolidation happening after breakout in D TF 2 days back 🔵 Buy near 17280/17219 TGT of 17517/17639. SL = 17120 HCB
🟢 Volatility subsided and #Nifty sharply recovered from the low 🟢 RST- SAR system has given bullish reversal signal on 25M TF 🔵 On hourly TF charts it has formed a #BullishFlag BO> 173550 🟢 Long #Nifty at 17305 with SL=17215 and TGT of 17639/17805
🟢 #Colpal notices a #BullishCrossover on daily charts. RSI > 50 🟢 RST- SAR system has given bullish reversal signal on D & 2D 🔵 Buy above 1470 for a TGT of 1496/1575/1634. SL = 1427 HCB
🟢 #Reliance a good buy above 2387.5. SL = 2351. RSIStairs > 55 🟢 RST- SAR system has given bullish reversal signal on 125M & D 🔵 Buy above 2387 for a TGT of 2420/2466/2495. SL = 2351 HCB
🔴 #SupportTurnedResistance placed near 17306 & got broken 🔴 RST-SAR system has given a trend reversal signal on 45/75M 🔴 On the daily charts it has formed an #EveningStar pattern. 🔴 As per #VSA it has made #UpThrust bar pattern on 125M TF 🟠 Sell below 17309 for a TGT of 16833/16410/16062 SL=16633 Good amount of longs were created after a good budget and a good...
🟢 Volexp seen in #HDFC in last few days. Possible accumulation 🟢 RST- SAR system has given bullish reversal signal on the 25M 🔵 Buy above 2445 for a TGT of 2512/2558/2620 SL=2402 25MCB
🔴 Lack of follow up & profit booking forced #Nifty closed low. 🔴 #Nifty closed near the bottom of rising regression channel. 🔴 In 75M TF it notices a bear flag. Confirmation below 17575. 🔵 Will think of buying if it closes above 17645 with volume. 🟠 17491 is 20 WEMA support. 50 WEMA is placed near 16348. 🔴 Short term moving averages trading below mid/long terms 🔴...
🔵 2300 is a major support as per the rising channel trendline. 🔴 2300-2309 is #ResistanceTurnedSupport and demand zone. 🔴 If trades and sustains below 2300 more weakness expected 🔴 Short for potential targets of 2253/2215/2183/2030/1833. 🔴 #RSIStairs is already bearish and trading below 40 mark
🟢BO retest & Support at 50 DEMA 🟢ICICIBank had posted good Q3 No 🟢38% retracement almost complete 🔴Trading below SuperTrend(7,1.5) 🔴Trading below the 10/20 DEMA
🔴 Muti-year trendline is broken with #SupportTurnedResistance 🔴 RST-SAR system has given a trend reversal signal on D/2D/W 🔴 As per #VSA it has made #UpThrust bar pattern on daily TF 🟠 Sell below 1455 for a TGT of 1425/1409/1344 SL = 1519 DCB
🔴 Strong profit booking seen post results. Stock down 7.11%. 🔴 RST-SAR system has given a trend reversal signal on 2D TF. 🔴 On the weekly chart it has formed a #TweezerTop pattern. 🔴 As per #VSA it has made #TopReversal pattern on daily TF 🟠 Stock can revisit lower levels. TGT: 127/123117.8/112.8
🔴 CNXMIDCAP index is weak & has given a RST-SAR sell signal 🔴 RSIStairs trend is bearish on daily scale. Trading below 50. 🔵 Right time to book partial profit from the midcap stocks.
🟢 Follow up buying in indexes #Nifty & #BankNifty is very good. 🟢 #Nifty #RSIStairs trying to break out above 55 on D/2D/W TF. 🟢 Volumes above avg. Price sustaining above PDH Pinbar candle 🟢 #Nifty regained 20 & 50 DMA. Already trading above 200 DMA 🟢 Index broke out above SuperTrend (10,2) & previous week high 🟢 #Nifty broke out making a #RisingWindow candle on daily TF
🟢High volume #StoppingVolume candle on daily scale. 🟢Formed a #MorningStar pattern on 195M (Half Day) 🟢RSIStairs taken support of 35 and bouncing above 40 🟢Major technical support stands at 16987/16915/16833 🔴Below 16833 another 1000 point fall may be seen. 🔴Resistance at 17573-17613. #SupportTurnedResistance 🔴Good to look for #SellOnRise opportunity on reversal
#BankNifty made a #BullishMarubuzo on daily scale. Last 2 days it has shown strength and recovered from gap down lows which coincides with 50% retracement of its recent rally. It has formed wide bar #VSABreakOut candles. RSIStairs broke out above 55. Very bullish. It has broken out above last 3 days high and 38000 psychological level. A possible pre-budget rally...