UnknownUnicorn4260559

UnknownUnicorn4260559 Updated 

Buy at 401.50 SL 394 TGT 410-415--424-432-438 Reason : last 1 hours volume suggests BTST kind of position built up by traders. Close abv 400 is extremely good for counter. It could be a trend reversal signal if we see on monthly closing basis.

UnknownUnicorn4260559 Updated 

Buy Sunpharma above 395 with stop loss below 386.80 for target 415. Inverted H&S Neckline + Fall trendline resistance is at 392.

UnknownUnicorn4260559 Updated 

Sell at 717-723 range with stop loss above 736 for target 675-650 Rajesh Export has been posting lower high & lower lows from last 3 days which means bulls have lost strength to push market above previosu day's high. Today's big red candle (close near day's low) after 2 doji candles is highly bearish which is supported by reversal from +2 SD of 20 day BB. RSI has...

UnknownUnicorn4260559 Updated 

Today ALBK has jumped up with huge volume but still trend is not clear. Weekly close above 51 would open next target of 59. 3 weeks back it had tried to close above weekly bollinger band mid line but couldn't sustain upward thrust. Today also counter tried to move past 50 on closing basis but couldn't sustain. Though volume was extraordinary but still we should...

UnknownUnicorn4260559 Updated 

Dewan housing has already signaled by on RSI but we were waiting for 1 more day's confirmation. Bollinger band has supported at -2 SD . We'll trade it as mean reversion as market has bounced sharply from 60 and now trading near 78 ( below long term trendline on monthly chart). Buy only in dip at 75-73 with stop loss below 67 for target 84 & 91

UnknownUnicorn4260559 Updated 

UPL has moved again within -2 SD of 20 Day BB. Volume is high on reversal. 895 would act as the support for mean reversion trade whereas entry can be made at 923-926 zone for target 970-982

UnknownUnicorn4260559 Updated 

Century Ply has a tendency to bounce from 150-160 zone which has already happened 3 times. Today, also we saw the same but with huge buying volume and close near the day's high. Bulls have been successful in closing above 4 days resistance zone of 160 + falling trendline. RSI and CCI crossover suggests the likley uptrend. 150-215 is the consolidation zone. Counter...

UnknownUnicorn4260559 Updated 

Buy Reliance Ind at cmp 1286.50 sl 1282 If SL hits then wait for re enter into buy at 1273 sl 1264 TGT 1325

UnknownUnicorn4260559 Updated 

Buy Dilip Builcon only in dip around 432-428 with stop loss below 416 for target 462-476 RSI has crossed above 30 line with MA cross over signal to the positive side CCI has given + MA crossover. Volume are good on crossover Likely candidate for mean reversion.

UnknownUnicorn4260559 Updated 

Crudeoil should find resistance at falling trendline and pitch fork resistance line . The range comes at $ 60-61 where one should bool full profit if in buy and create fress short with stop loss abv 62.2 for target 58 & 56. Commodity is approaching +2 SD of 20 Day BB. Normally distribution says that at +/-3 SD 99% of observation should fall. One can take 3 SD as...

UnknownUnicorn4260559

UFLEX has formed inverted H&S on daily chart. Volume was decent on head, near the breakout and after breakout. It has bounced from both neck line and support line around 229. We'll wait for counter to close above BB mid line and 257 (swing high) for confirmation of start of uptrend to achieve pattern target. RSI and CCI has given MA cross over but it's very minor...

UnknownUnicorn4260559

Counter had tendency to bounce from 25-27 level which has already happened twice on Sept 13 & March 17. Today's volume was above average. RSI and CCI has given positive cross over. RSI is showing + divergence. Overall pattern is still not giving that kind of confidence to suggest for low risk takers. Only delivery traders having high risk appetite should go for...

UnknownUnicorn4260559 Updated 

Buy Crude around 56.80-56.60 SL $ 55 target 59 -59.50 Buy MCX Crude at 3930-3920 SL 3840 TGT 4160

UnknownUnicorn4260559 Updated 

Buy Yes Bank at 112 SL 98 TGT 138 Positive divergence on RSI and CCI. RSI Crossover + CCI Crossover above -100 line Moved within BB -2 SD and volume is high. + BB is expanding that means likely chance oh high momentum.

UnknownUnicorn4260559 Updated 

Buy India cement at cmp 96.70 sl 94 tgt 100- 102 Inverse H&S on 15 min chart with volume on right shoulder near breakout

UnknownUnicorn4260559 Updated 

Buy only in dip at 255.50 sl 249 Tgt 267 RSI has turned positive + positive volume at -2 SD of 20 Day BB. It has repeated same movement earlier also.

UnknownUnicorn4260559

H&S can be traded as continuation pattern. Schabacker, Edwards and Magee have written about this is their books. Adani Port has formed an inverted H&S pattern. Breakout and right shoulder have seen volume activity but Head is not confirming volume pressure on upside move. It has come to touch neck line and reversal from neckline will be confirmed only on weekly...

UnknownUnicorn4260559 Updated 

Jain Irrigation is forming piercing candle pattern on daily chart. Any close above 22.70 would be positive as volume on reversal is day very high. Those who wants to trade only on candlestick pattern should put stop loss below 16. CCI is also showing positive divergence on daily chart. Strategy 1 : Buy if stock is trading above 23 during 3-3.25 p.m. stop loss 16...