harshit777

harshit777

crude oil prices are heavily falling in past 3 - 4 weeks. we can see good quarterly results in oil-based industries. it will also affect petrochemicals prices. so take a watch on companies which are in this sector, or having petrochemicals as a raw material.

harshit777 Updated 

main trend->down after feeling the gap stock is continuing it's main trend. short in MMM.

harshit777

momentum is pickingup. go long after correction.

harshit777 Updated 

go long. stop at : 1110

harshit777

price momentum + if breakdown---> go short target->1720

harshit777

having a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change go short ...

harshit777

we can see Wipro is getting the rejection at the resistance level. it will break out, do have a watch on it...

harshit777 Updated 

oil price is dropping quickly. oil companies stock prices will react positively....

harshit777

resistance + bad result + rsi (over bought) ->short if 2 red candles develops than go short. SL: 224 short if candle sustain below 221. T1->212 T2->210 (swing)

harshit777 Updated 

resistance + mild results can go short tomorrow if it continues the bearish trend.

harshit777

weekly chart price channel + good results + volume growth = can bounce

harshit777 Updated 

Here I used EMA , KAMA & RSI. at a 1450 level, a very strong resistance is there. We can see the RSI & chart pattern is complementing each other very well. it looks like the bullish trend is very strong so it can take some time to reverse.

harshit777 Updated 

EMA & KAMA cross over + volume growth + today's results :)

harshit777 Updated 

we can see price gets strong resistance of KAMA line. can go short .

harshit777

as we can see a strong support zone is already hit ,surely will be a correction. oil companies can have negative impact on oil price rise.

harshit777

we have to connect minimum of 2 highs and 2 lows to form any type of triangle pattern. here, it's a symmetric triangle on a weekly chart. to know more about triangle patterns and how to use them,click on the link. www.investopedia.com Thank You!

harshit777 Updated 

I have used EMA and KAMA lines here. By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise. here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30). You can see here, whenever the EMA line crosses the KAMA line the trend changes. My recommendations here is to go long in SUN...

harshit777 Updated 

1H chart: main trend is bullish. support of KAMA. target T1: 240 if it reaches T1 then it can march towards 254.