daivick

daivick

Prices have risen from a falling trendline and have been consolidating for over 3 weeks and made it's first attempt at breaching past the last two weeks resistance levels. RSI Levels are currently at 57.90 Go long should it cross 60 at tomorrow's opening GMMA has ended the day with a positive momentum sign. KST has shown a positive crossover Prices have...

daivick

It has retraced back from pivot levels and has gained upwards momentum. Go long

daivick

Yearly Growth Siemens has seen in the last 3 years 2019 - 83% 2020 - 73% 2021 - 39% Prices have been rangebound for the last 58 days In daily frame the prices have breached the resistance and sustained. Should it close above tomorrow. That position itself can be used as Support for entry. Ideal resistance level to watch out for is between 2035 and 2044 In 60...

daivick Updated 

a. Prices are currently at the pivot point (Orange) b. Prices are currently heading towards the 1st support zone (Green). c. Current Trend confirms that 10DMA should correct itself by tomorrow or a day later. d. The pattern of creating a higher low is confirmed. Should the current position be assumed as a higher low then it can't fall too below 1st support and...

daivick

1. In 15m time frame the DMA's are in perfect order. 2. In 60m Time frame 10 and 20 and 50 DMA have just taken the right positions and the prices are have breached the pivot point 3. In daily time frame the DMA's might take a day or to to correct. SMA's also need to correct. 4. Monthly DMA's need correction 5. The prices are currently showing signs of...

daivick

1. In 15m time frame the DMA's need to correct. A bearish engulfing has appeared a while back. 2. In 60m Time frame 10 and 20 DMA have just taken the right positions and the prices are above pivot point 3. In daily time frame the DMA's might take a day or two to correct. SMA's also need to correct. 4. Monthly DMA's are in order 5. The prices are currently at...

daivick

Basic observation: a. Between 2020 and now Sun Pharma has grown 131%. The last time it showed such considerable growth was between 2013 and 2014 where it grew by 166%. b. Post having a falling trendline for 59 months (-74.15%) it has been within a rising channel for over 16 months (108%). c. RSI and KST currently showing positive signs d. Prices have been...

daivick

Basic observation: a. Between 2020 and now Sun Pharma has grown 131%. The last time it showed such considerable growth was between 2013 and 2014 where it grew by 166%. b. Post having a falling trendline for 59 months (-74.15%) it has been within a rising channel for over 16 months (108%). c. RSI and KST currently showing positive signs d. Prices have been...

daivick

Observations: Bollinger band has stayed expanded for almost two weeks now Positive crossover occurred about 2 weeks ago 10 DMA- Green, 20 DMA – Yellow, 50 DMA – Orange Take support at current prices with .05% stop loss. Should there be a correction monitor it and re enter Make note that the target is currently positioned at 2nd resistance levels. Hence the need to...