auto index is at it's 2 year's low(Dec 2016 levels). right time for investors to start buying in the auto sector.
we can see the signs for reversal Doji candle stick + 2 red candles ---> confirm short sell
As we can see BANKNIFTY is at an interesting level. from current levels... if it shows a reversal sign( 2 red candles closes below the previous one ) then go short. if it continues to show the current trend then go long for red resistance line.
This is my opinion on Avanti feeds for the investors this company is in the business of prawns and shrimp and related feeds. very briefly I will tell you why I'm not interested in Avanti in this business, quality plays its measure roll.most of the earning comes from the USA and other European countries. Indian companies were compromising with the quality and...
yellow lines are showing the key levels. alkem should be in the watch list. it's a time for a reversal.
this stock is ranging since it is listed. currently, it's at a level. if it breaksout then can take a swing long position. if not and showes 2 red candles on weekly charts then go short . in both cases, i would take a swing trade.
On the last Friday, DJI has tanked almost 2%. after the 2008 recession, this is the first time we are observing a heavy pressure. World markets are also showing negative numbers. no one will tell you to have a distance from the market, because they will short on your positions. In the market, everyone wants the profits. be aware, you will make money if you learn...
whirlpool is at an interesting level. it can go down 4-5% but has a strong support at the current price range.
it's looking like a trendy stock. overbought + levels -->can reverse ----go short if goes below 45
Some bad news is coming for RIL. it's related to the 'theft of gas' in bay of bengal. www.financialexpress.com
volume profile is showing us heavy buying at lower levels. ( contact me to know more about volume profile in trading view ) see dragonfly doji candle. is it showing the trend reversal? ( please share your idea in the comments box )
a good news for investors, warren buffett will buy 10% stack in kotak mahindra bank. www.cnbctv18.com
as we can see volume profile is showing a naked point of control at 860. we can see a downtrend here on the weekly chart. targets:822 sl:875
price at an interesting level + also showing a descending triangle pattern.
weekly chart... pure price channel based movement blue circles are support points. orange circles shows breakout & resistance. strong support at 177 . I suggest to go with breakout of upertrendline.
on the weekly charts ,you can see NTPC is at very attractive levels. 3 support levels are below there. the chart is also showing RSI divergence .So it looks like trend can change between (150 -140). as we get 2 bullish candles from any support levels,we can take a long possition in it. Targets will be given after the trend reversal. Thank you!