Head and shoulder top on Nifty hourly Charts. A close below 9950 we can move towards 9700
Looks like the stock is losing momentum at higher levels. TGT- 530/510. SL- 575
Volatility Divergence on Daily charts. Can short at CMP. TGT: 630. SL: 685
Divergence on hourly charts. A break below 1745 can take crude towards 1600.
The stock is forming a falling wedge and is currently at support. There is a strong rise in volumes and so we can initiate a contra Long on this stock.
Tata chemicals has given a strong up move and now the stock is trading at multiple resistances from the lows in 2018 and the resistance of 20 day moving average. The stock is at 61.8% fibonacci retracement. 4hr chart showing signs of divergence signifying loss of momentum, This can be a contrarian short trade
The stock is forming a falling wedge and we have got a breakout. RSI also showing divergence on daily as well as weekly charts. If the stock sustains above 49 today then our near term targets would be 55/60. SL should be kept at 45.5
Strong resistance at 950. Rsi showing divergence. The stock can give a breakdown
There was a price rejection at resistance along with strong volumes. The Stock can reverse from this level. 90 should be the SL and one can play for targets of 80/70
Nifty is losing momentum at higher levels. STrong resistance at 9400. From here Nifty might restest the support at 9100-9130 and breakown below that we might see 9000/8800
The stock is at multi year support and has given a trendline breakout.
JSW Steel at crucial long term support. The sell off momentum might slowing down and the stock can give a bounce
Head and shoulder breakout with good volumes. The stock can go upto 460
The stock has given a head and shoulder bottom breakout with good volumes. The stock can jump upto 480 followed by 510 levels.