ratio of chart of glenmark and nifty,, trying to cross the long term trendline.. can be a big move to break above good investment idea SL will this month low 470 target open.
NIFTY has formed a bearish engulfing candle and also shows negative divergence on daily charts.. gapped up and close the gap and ended towards the low of the day. short term bearishness to set in with today's high as SL
jubilant after a strong up move frommarch lows has been correcting on low volumes and has taken multiple support at 680 levels with SL at 680 expect targets 780 880 1000
BAJAJ FINSERV after a stellar vertical up move , now showing triple negatve divergence on 4 hr charts.
JSW STEEL showing clear negative divergence on daily charts in short term and medium term
Mcdowells has crossed abve the falling trendline looking for a strong move for targets marked with blue lines. SL will be todays low.
HDFCBANK is at the upper end of the channel.
LIBERTY SHOES has has been in consolidation mode since the month of June 2020. daily moving cluster avgs provide good support at 140 to 142 levels above 160 can give a good move 235 and higher
NIFTY on monthly rsi had broken above the trendline.. signals bulls ahead?? something for reference
ITC shows clear positive divergence on daily chart. buy with SL below 160. target open its a slow move. and looks like a long term slow reversal can happen
JSW STEEL forming a rising wedge with higher high in price and rsi finding resistance at the previous top. expecting a test of 20 dma to start. immediate supprt at 326 327 note: this is just for reference and study purpose. do your due diligence before trading or investing
ACC has formed divergence. with lower rsi and higher price. shows a triangle at the top. price above or below the triangle can give a trending move. note: crucial week for markets with US elections this week. lot of volatility expected. saving capital is primary importance.
SunPharma has reversed from its long term support around 440 450 and bounced strong and crossed the trendline . a good investment bet for long term, with SL below 440 targets 600 680 720
Bharti after going through a smashing, is shwoing diverence on weekly charts rsi made a lower low but price hasnt would be interesting to watch dips can be bough note: un predictable and volatile stock. stick to risk management at any cost
ACC has formed bearish engulfing on daily chart. targets are marked in blue lines. any rebounds monday is a sell on rise and cmp SL todays high
AUBANK. after sideways correction is ready for upmove. SLand targets are maked by blue lines do your due diligence before trading or investing