diptiisaeth_

diptiisaeth_

Weekly (CMP: INR 1210) -Stocks has given a downfall of 61% from All Time Highs -Currently, the stock is moving in a channel -Made Double Bottom along with Shortening of Thrust as per Wykoff -RSI is showing Bullish divergence -There is Fibo Support of 78.6 levels -Target would be 1500 levels with SL 1100 Note: The above analysis is for educational purpose.

diptiisaeth_

CDSL (Weekly TF): -It has given Breakout from chanel and has also re-tested the chanel -As per Wykoff study, there is Shortening of Thrust and along with SOT, there is Reverse use of trendline -On confluence support of 20 and 50 Weekly Moving Average -Along with this, there is .50 Level Fibonacci support level Note: The above analysis is just for educational purpose.

diptiisaeth_

Bajaj Finserv (Weekly): -Stock is in Symmetrical Triangle -Retraced till .50 Fibonacci Levels -Support of 50 Weekly Moving Average Good Level to buy with SL below 1390 levels. Note: The above analysis is just for educational purpose.

diptiisaeth_

Daily Chart: - Reversing from support -Closed above 20 Day Moving Average -Good volumes -Targets: 1815, 1885, 1980 and 2000 and so on -Stop Loss would be any daily candle closing below support zone (Marked with white) Note: The above analysis is just for educational purpose.

diptiisaeth_

Observations: With every high made on the price chart, RSI could not make high wrt price. Rather, it made lower highs. (marked with yellow colored arrows) And, when price made Higher lows (marked with pink colored arrows), RSI could not take support. Rather, made Lower lows (pink colored arrows). What's your take on this? Note: The above is just for educational purpose.

diptiisaeth_

Apollo Hospitals: Weekly time Frame: - Breakout of Symmetrical Triangle -Targets for the same can be 5100, 5400 and 5800. Note: The above analysis is just for educational purpose.