1) MACD Crossover 2) Rally and correction which has ended at 20 DMA
K0KUYOCMLN has been trading in range for around 4 months and gave a breakout today. As per my analysis the stock is a BUY with a potential upside of 40%. So lets check what's in our favour. 1) The stock broke its resistance with its 4th attempt with a strong green candle. 2) The volume was 15,53,670 which is extremely high as compared to its daily volume which...
1) City Union Bank is being consolidating for long period of time 2) It has formed a bullish candle at support level 3) potential up side is 32 % Risk Reward is 1:6.5
1) The stock is consolidating 2) The next move is upwards 3) Risk Reward ratio is 1:2.4
1) The stock is at its major resistance 2) It formed a bearish engulfing pattern 3) Potential downside is 12%
1) EIDPARRY has today crossed its major resistance with big green candle 2) 1st target is 338 and 2nd target is 386 3) Potential upside is 27% 4) Risk Reward is 1:6.3
Triangle breakout and consolidating and the price is low
1) The stock is in downtrend 2) There is an bearish engulfing pattern 3) Risk Reward is highly in favour