People have been talking about this a lot and I have been getting requests to check this stock out. And now I know that I am a bit late to the party. But never the less, this stock had broken out after making my favorite cup and holder pattern and this is tremendously bullish for lat two days. A minor correction might happen but 53 is an easy one. Target: 53,...
Sharing a technical analysis I did for a friend and this stock is on the heat map. Going to show levels of 10 rupees in short term. Message me or comment if you want a detailed discussion on that
It just broke 208; a level of importance. This level has been a long term support and when it broke down, the stock went bearish. Now, things have changed and it broke this level with volume. It may retest the support or test the channel top but due to last two candles having massive volume, things are very bullish given the MACD. Risk is moderate as the RSI is...
This is a penny stock but look at the chart. It will surely be a multibagger in short term. The stock has just broken long term resistance of 3.61 after a multi year formation of cup and holder. Bullish signs everywhere. Risk-o-meter: Dangerous Returns: High Don't put in your entire wealth. Happy trading
Adani Power bounces into upper circuit from the 108 level. Now all adani stocks will rise. New investors please stay away from this volatile stock Message me for faster updates
A "long legged Doji" is a fancy name and shows indecision in the market. Since it formed after a strong bullish candle, the dollar might grow weaker against the rupee in a short term as RSI is over bought or stay range bound. This is a speculation because market may take move in any direction. Most analysts would want to watch the next few candles to check the...
Following up with my previous update, Monday would be very crucial It will definitely fall back to 108 but if there is no pull back, the bearish trend will continue and the price might get caught in the violet zone. Stay put and don't make any foolish moves. Those who have bought at the top please hold and let the price show some trend before we can take any...
For new entry, STAY AWAY. This update is for those who have a position on the stock. I am strongly against averaging but there is a high possibility that the price might go up to the next resistance of 767. There is a strong bullish engulfing candle that has formed on Friday. So if you want you can average your position with a small amount. But do that only once...
Almost all the markets going in red will be a major factor on Monday. Market has been moving up but the momentum was dying since last few days. Here is a comparison chart with Nasdaq. It is amazing to look how the indices made similar moves around similar times. In short, 10% correction is quite possible in near short term. This view goes along with other stock...
This is a likely bullish sign for a break out. Wait for it to break 10.50 then enter for a small trade. People have lost money in this script so be very CAUTIOUS. I've put a setup of a long position and you can follow that if you want at your own risk. I don't bet on this share. Entry at or above 10.50 SL 10.30 Target 11.60. Message me for faster updates
Candles are forming an ascending triangle which is a sign of good consolidation. Price is likely to break out upwards. Enter only after successful break out as RSI is overbought on a monthly chart. Entry at 17.50 SL 16.95 Target 18.80, 21.60.
Price is rangebound as of now though being in a rising channel. There is a strong resistance at 139 from which the price has been rejected once. MCD is showing bearish cross over even though RSI is oversold. Price just tested the 50 EMA. In the past whenever the price touched this level, it showed a huge fall. Wait for it to break resistance and test 139 as...
Khadim india just showed a spike after testing the support. Possible upward move in a rising channel. Buy around 200 with SL 185. Short term target 281. Feel free to message for faster updates.
Let today's candle close above this. Next target 767. Message or comment if you want faster updates.
Likely reversal in trend is coming. Square off your long positions for now and wait for it to test 898.
This is probably the best level to buy for a target of 1006. SL 539
Parabolic nose dive and the price just closed below 200 Ema on hourly chart. Downward movement can be expected till 369.
Those levels are reacting very well and the price is likely to run along these for some time. If it breaks 691, a huge slump may come. But as of now you can trade between these levels with tight stoploss. Shorting would be ideal.