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averagedirectionalindex ema longentry longposition longsetup longsignal longstrategy movingaverage oscillator relativestrengthindex swingsetup swingtrading Less Tags Show All Tags
Head And Shoulder Pattern Formation in ONGC.
ONGC
, 60Short
ONGC: Head And Shoulder Pattern Formation in ONGC.

Head And Shoulder Pattern Formation in ONGC. Price Might Broke Below as there are low volumes and no Bullish Momentum. There are Bearish Divergance in RSI Too. But Taking Baout the Support Level it has retested this level Sevral times, so Taking any sort of LONG or SHORT entry Seems to be Risky.

Break Above it's Resistance Trendline.
CGPOWER
, 1DLong
CGPOWER: Break Above it's Resistance Trendline.

Break Above it's Resistance Trendline, After Bouncing from the Long term Support Trendline. Looks like it will Follow it's current channel and go upto 780 Levels.

Triple Bottom Formed. This Might be a good Reversal.
REDINGTON
, 1DLong
REDINGTON: Triple Bottom Formed. This Might be a good Reversal.

This time it Might Get Passed Through the Resistance. DMI indicates End of Bearish Momentum, DI+ Crossed Above DI- and RSI is Also in an Uptrend. Another confirmation is the Formation of Triple Bottom Pattern.

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