BHARATFORG Long Setup Daily
RSI ABOVE 50 MACAD CROSSOVER ABOVE 0 LINE
RSI ABOVE 50 MACAD CROSS OVER JUST BELOW 0 LINE
Buy Signal - After RSI crosses 50
TECHNOCRAFT IND LTD- DAILY - LONG SETUP
RSI is bouncing of the bottom trend line. RSI has to cross 50 level before we enter the market. Buy signal will be generated as soon as RSI crosses 50 level Script should be sold as soon as it reaches near top trendline in RSI. If It breaks the top trendline than the scipt can be bought again. Please follow money management rules
ANUHPHR is in range for past few months. Price Breakout of the triangle will decide momentum of the script. Good opportunity for a future trade.
This setup is a an example of how to read MACAD. There should be confluence. Price shot of up after the trend line was broken There were multiple confulences indicating strong movement in the expected direction. MA's in all the three MACAD were above the MACAD "0" Line. There are lot of other factors related to MACAD which made this setup sucessful. Please...
TATAPOWER SETUP Price is nicely moving in a channel and making higher highs. Price is near Fib level and near the trend line. If price breaks the trendline then it should move till the next resistance level. However looking at recent Volume I do not feel the price will move above the trendline. However this a potential setup to go long if prices breaks the...
ACRYSIL Limited - Potential Head and Shoulders Setup (Risk Reward ratio is not great in this particular setup) ***For Educational Purposes only***
Good opportunity to go Long. Need to exit the trade if price breaks the trendline. Retracement at Point B is almost equal to retracement at Point A. Reversal is expected Stop Loss: 251.41 Target 1 : 262.49 Target 2 : 276.10 For past few days price is moving in a range at monthly support/resistance level. There are few wigs at around 250 level. This...
Axis Bank - Target was reached. Idea was published a month ago
Cipla Daily Chart is interesting. Can you Analyze and predict what may happen? Clue lies on the left of the chart. Look at the Left. Previous setup gives an indication of what is going to happen however that does not mean that what has happened in past will repeat again. I want you guys to analyze and predict. This will enhance your skills and will give you...
Look at RSI. Let me know what do you understand.
1. There is a resistance zone (Monthly). 2. In past Price has reversed from this zone. 3. There are four bearish candels with long wicks. Generally Long Wicks from north to south indicates Market Does not have enough steam to push upward. 4.This trade is little risky trade howwever there are chances of price hitting the target 5. RSI is moving downwards. 6....
1. There is a resistance zone (daily). 2. In past Price has reversed from this zone. 3. Price has not yet broken this zone and there are around 7 candels at the same price There is a high possiblity of price reaching to Target at 338.42. Price may go down futher however it will be safe to close the trade at 338.42 4.There is good risk reward ratio. There will...