RSI BO, Descending triangle BO candidate..though RSI is around 47, wait & watch, keep on radar
Balaji amines, on daily chart..RSI BO, Descending Triangle BO, Volumes for today were very good, strong closing, RSI is close to 60 good strength, Small resistance at 3600...weekly chart also looks good
Sumitomo Chemicals seems to be giving a BO on daily charts, volumes are decent, RSO is close to 60. The RSI has given bullish divergence, this can be confirmed with the BO given today of the falling trendline with decent volumes. Disc : Invested, not a reco to buy or sell.
Morepen labs seems to be a BO candidate on daily chart, RSI is just close 60 & seem sshowing divergence, volumes look decent, have been consolidating since June-July, Keep on radar. Disc; Invested: Not a reco to buy or selff
ACE is currently retesting the BO on monthly chart after almost 6 months of BO. Has sustained well above the BO neckline for Nov & December till date. A monthly close above 199 should keep intact the support. A move above 235 will give a strong 14 year BO, target of 29I previous ATH. RSI seems to have given a positive divergence, monthly RSI above 60. Disc :...
Hindustan copper on a daily chart seems to be forming heading & shoulder pattern. The neckline is forming at 108-110 which has been a strong support line, The 1st shoulder, than the head bigger than the shoulder & now seems forming the 2nd shoulder all looks perfect for H&S pattern. HC has taken support 3 times at the same neckline level in past 5 months. If forms...
Daawat has given falling channel BO on the chart on the daily time frame, RSI is above 60, the MACD indicates a positive divergence, volumes are also decent.Some resistance at 74-75, once cleared target can be 84/90. Disc: Invested, not a reco for trade, chart for education purpose only.