jsp_bharat

jsp_bharat

This stock is giving multiyear breakout with strong volume support.

jsp_bharat

change in direction??

jsp_bharat

ready for breakout??

jsp_bharat

Pink area indicates the supply zone. Whenever it tries to cross this area, even with high volume, it drops back. Currently it is getting compressed between trend-line and resistance. Lets see if this time it gives a breakout or breakdown??

jsp_bharat

there is still a huge divergence in nifty 50. i believe that this correction has halted midway. there should be some time-decay that is required. consolidation above 14700 is a must. don't expect 15500 soon. let's see. this is just my part of study.

jsp_bharat

now thats nifty 50 after closing today. clear downside divergence can be seen, showing weakness. lets see how long it goes/

jsp_bharat

Moving in a downward channel since October 2016. Recent moves show that there is sharp turn in the 200 MA, which is positive indication. Will it break the channel this time and start its northward move?? Fundamentals look very good. Waiting to break above 132 level for better chances of channel break. This is just my observation. I am keeping this stock in...

jsp_bharat

Posted this idea for study purpose. Breakup or breakdown, both possibilities.

jsp_bharat

Again very high chance of upmove as per the divergence in RSI. Guys what do you say??

jsp_bharat

Friends, i can see clear RSI divergence in NFL daily chart. As per RSI, it should move up significantly. What is your opinion?

jsp_bharat

RSI divergence in GMM Pfaudler. Friends, please give your opinion how will the stock react to this??

jsp_bharat

Nifty 50 ready to breakout in either direction. Most probably in upper direction.