angelrishi

angelrishi

Things mentioned on charts for 2 possible scenarios - One could be intraday to btst and another positional.

angelrishi

Buy on pullback or if sustains above YH for the target oif 38.6 Fib Level. SL below the trendline.

angelrishi

71 to 69. Divergence seen in macd and price. Another trendline drawn for the initial resistance. Above it, 91 as next level.

angelrishi

looks like 69 to 71 as reversal. Seen divergence in price and macd also.

angelrishi

On Weekly chart, 200 MA got broken with volume. Trendline (channel) looks like it will test till 230 levels before reversals. I might not be right. An expert can confirm. Crude oil rising, global sentiments are in line with this analysis.

angelrishi Updated 

Seems like History will repeat as same patterns are appearing again, as mentioned in the chart. I expect 400 to 600 movement till the upward gap fill area, then bounce back/go ahead.

angelrishi Updated 

Flag is created, Crossed the past resistance line. Now, clearly a Bullish trend. A small correction on the bearish side may happen due to RSI overbought. The stock may open gap up on Monday.