in case bank nifty and nifty performs well ,idfc can also see upside
is it going to happen? like we have read in books about this possible pattern ... well this pattern has other side also that if it breaks recent high it can turn bullish . but global picture is not in favor of market .we all know from the meeting outcome . well what if we dont know what is happening globally ? simple ,we are anyway going to trade what we see in...
global ques are not in favor of bulls as the meeting has declared that their main focus is anyway going to control inflation . technically cleearly a channel is visible ,tommorow if it breaks down and below two support lines ,nifty is weak very very . longs can only be after we cross 17700. and for risk averse person above 18000 he can go long . trade , can be...
see this stock is holding the breakout zone ,and despite market in red , it should be on your radar for bull run.
LOGIC: it again came below its trend line . it means a correction till 20 emaa line is possible . it has already shown a good upmove and a short correction should be there or profit booking . RSI is also reversing . VERDICT : market may correct and so the stock can also show profit booking after bull run . TRADE ; if markets trade red tommorow especially bank...
the stock har given signal of very strong bearish candle MY VERDICT 1)overall the market is correcting ,and jindal steel had awsome rally recent days . 2)though volumes are not convincingly high to believe the bearish candle . 3)the catch here is that market is in pullback mode and so is metal sector . 4)RSI is also reversing from upper trajectory that means...
the overall markets are showing red signal . some stocks may show short term correctioin . eicher motor was in a rally and now it can also show some little correction . trade; if the channel breaks on downside ,we can do a sell trade . targets should be 20 ema as per my view . rsi also shoung a turn downwards.
adani green showing 30 % upside from this level . rsi is supporting the move ,ema is respected and we may see a breakout . if breakout candle cumms good volume ,we should ride the bull
on weekly chart its forming shooting star .(bearish) fii have brought 1100 cr cash i.e supportive or not so bearish . dollar is moving up again ,a concern for indian markets till now it has respected the trend line that is good . RSI indicates that it has still not in bear mode as we can see rsi is also above 60 MY VERDICT: its time to see price action. if it...
the stoch has broken trend line channel .also sustaining markets broadly are in recovery mode rsi supporting the move and 20 ema also crossing 50 from downside bullinsh in hcl tech