akshay1808

akshay1808 Updated 

Triple divergence noticed in stochastic pattern NSE:MOTHERSUMI showing a clear weakness in stock. There may be a recovery up movement on Monday (due to Friday's heavy fall) that can take stock upto 325 level. SELL it (323-325) and aim for target of 310 (T1), 298 (T2), 279(T3).

akshay1808 Updated 

Used combination of Renko hourly chart pattern clubbed with Supertrend indicator & EMA on NSE:BANKNIFTY . Supertrend indicator clearly giving a bearish signal along with Renko charts reversal & EMA crossing. This signal is further confirmed by Aroon indicator below where red bearish indicator crossing above the green bullish indicator. Go ahead with...

akshay1808 Updated 

NSE:NIFTY seams to be in bearish phase on Renko hourly charts. 3-4 indicators suggesting a bearish trend. 1. Renko hourly charts changing direction & colour. 2. Supertrend bearish Signal 3. Renko bearish indicator crossing up the bullish one. 4. EMA10 crossing above Renko bars. Take a sell postion till the trend changes. I will update about trend change.

akshay1808 Updated 

Bullish Divergence noticed in NSE:GODREJCP along with Bullish crossover (%K line rises above %D) and bullish MACD crossover (MACD crossing above signal line). Bullishness should remain for next week (26thFeb to 2nd March) that can take stock to 1070, 1092 & 1128 levels.