anuragsahu614

anuragsahu614

After breakout and successful retest stock is ready for upside movement, following are the signs of bullishness:- 1. Consolidation near previous high forming a buildup. 2. price is taking support of 20EMA, shows strong uptrend. 3. Sector index is also in uptrend. 4. RSI is above 60.

anuragsahu614

A flag pattern is seen with narrow range candles, ATR is also decreasing. Both of them are showing a sign of possible upward momemtum, it might a good intraday trade. there is an NR4 candle with an inside bar. trade can be initiated if price stays above previous candle's high for the first 3 minutes. Lets see what happens on monday,

anuragsahu614 Updated 

very short term (swing) trade of 5 to 7%. if stock holds above 685 levels it will be move higher.

anuragsahu614

nr4 candle is formed near support area on weekly cha. breakout will be confirmed if candle closes above 1668 on daily chart. if closes below 1625 it will be a bearish signal.

anuragsahu614 Updated 

After a long uptrend VEDL is in a correction for a decent period and has formed an Inverted Head and Shoulder pattern. Keeping an eye on it, waiting for breakout with high volume and rsi to show some strength and super trend to give buy signal.

anuragsahu614

Maruti has shown a huge breakout on 23 jun and now reverse polarity can be seen. If price holds above 7450 it can show good strength upwards.

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This Stock has been in a down trend for more than six months, now it has shown a RSI bullish divegence. To prove it right, price should sustain itself above 43.50 with good volume. if it successfully sustains above it can go sideways or show some reversal in trend.

anuragsahu614 Updated 

Ascending triangle is forming in Dixon Technologies, tried to breakout with decent volume. RSI is bullish for monthly, weekly and daily time frame. if sustains above 4270 it is a good bullish sign.

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After a week of sharp fall reliance inds is showing support and a morning star type candle stick pattern has been formed. if price sustains above previous high i.e. 2122.65, it will confirm the candlestick pattern. This can cause a short term rise for 5-7% .Stocastic is also showing oversold signal.

anuragsahu614

IT sector is out performing nifty, TCS is looking good , RSI is BUllish for monthly, weekly and daily time frame. Looking for a breakout with good volume which will drag the prices above.