RSI broke the trendline. Price will move up
GAL (GYSCOAL ALLOYS LTD) - Long Price will move up till he trendline on RSI. If the price breaks that trendline then price will move much higher and you need to exit if it retraces from the RSI. RSI broke the trendline on 24th November 2016 and price moved considerably. Trend is your friend. Price is above 200 and 50 SMA, suggesting an uptrend.
GRAVITA (GRAVITA INDIA LIMITED) Potential Long Setup
HINDALCO - Double Top Setup
BHARTIARTL Double Bottom - Weekly
BSE:ITC Price has bounced from 61.8 Fib extension. An important Fib level. Good opportunity to go Long if we get couple of bullish candles Need to exit the trade if price breaks the trendline. Stop Loss: 235.32 1st Target : 251.20 (Part of shares can be sold) 2nd Target: 264.91
BSE:HCLTECH Good opportunity to go Long 50 SMA is about to Cross 200 SMA. For many traders crossing of SMA is a trigger to go long or to go short. I have never traded crossing of SMA's. However this setup will give an idea how market reacts to crossing of SMA's in next few days Stop Loss: 784.58 Target 1: 853.09. Target 2: can be decided after considering...
Nakoda- Penny Stock - Long Setup
Analysis is purly based on technical analysis. No Fundamentals. Bullesh Move 1 . If RSI crosses Red trend line above 50 2. If there is a corss over of MACAD !,2 and 3 above the zero line and cross the Red Trend line above zero line Bearish Move 1 . If RSI crosses Blue trend line below 50 2. If there is a corss over of MACAD !,2 and 3 below the zero line and...
I am expecting the price to go further down if MACAD cross over takes place at MACAD zero level. RSI is also below 50 which suggests downward movement.
SUMEETINDS - RSI broke the trendline. Game on.
RSI broke the trendline. Price will move up
RSI is going moving in between the trendlines. I am expecting RSI to break upper trendline. Price will move considerably as soon as it breaks the trendline.
RSI broke the trendline.Price will move up
RSI broke the trendline.Price will move up