LEVELS MENTIONED ON CHART
LEVELS MENTIONED ON THE CHART
Long Wick Candle - Rejecting the price seems there could be reversal from this support level as price seen bounce off from this support two time in past.
POSSIBLE SHORT # 1) RSI DIVERGENCE 2)PRICE BREAK THE TREND LINE 3)CROSS BELOW 20, 50 EMA 4)UNABLE TO BREAK WEEKLY RESISTANCE
DHFL - SHARE PRICE PLUNGED AS MUCH AS 60 PERCENT TO HIT FRESH 52-WEEK LOW OF 246.25 AMID HIGH VOLUMES, BUT MANAGED TO TRIM A BIT OF LOSSES ON FRIDAY. TOTAL QUANTITY TRADED ON FRIDAY AROUND 115.30 MILLIONS HOWEVER DELIVERABLE QUANTITY WAS AROUND 20.10 MILLIONS THE STOCK SETTLED AT 351.55, DOWN 259.05, OR 42.43% ON THE EXCHANGE, DRAGGED MAY BE AFTER SELLING OF...
POSSIBLE SHORT 1)PRICE NEAR WEEKLY RESISTANCE 2)BREAK OF THE TREND LINE 3)PRICE LOOKING WEEK 4)PRICE CLOSING BELOW 50,20 EMA 5)GOOD RISK TO REWARD
POSSIBLE LONG 1) PRICE CROSS ABOVE MONTHLY RESISTANCE LEVEL 2)DIVERGENCE ON RSI AND PRICE 3) PRICE BREAKOUT OF THE TREND LINE 4)WAIT FOR SOME PULLBACK FOR BETTER ENTRY
POSSIBLE LONG: 1)PRICE BREAK ABOVE THE TRENDLINE 2) CROSS ABOVE 20 EMA 3)BOUNCE OFF FROM ITS CRUCIAL WEEKLY AND DAILY SUPPORT 4)VOLUME ALSO INCREASING
POSSIBLE LONG 1) PRICE IN STRONG UP TREND 2) ABOVE 20,50 EMA 3) BREAK OF THE TRENDLINE 4) BOUNCE OF FROM THE SUPPORT
1)IF PRICE BREAK BELOW THE TRIANGLE PATTERN THEN THERE IS POSSIBLE SHORTING OPPORTUNITY 2)IF PRICE BREAK ABOVE THE TRIANGLE PATTERN THEN THERE IS POSSIBLE LONG OPPORTUNITY
PRICE BREAK ABOVE THE WEEKLY LEVEL , CIPLA IS READY TO MAKE NEW HIGHS
POSSIBLE LONG 1) PRICE CLOSE ABOVE 20,50 EMA 2) FIB RETRACEMENT AT 61 3)BOUNCE OFF FROM THE SUPPORT 4)TREND-LINE BREAK 5)STOCK IS IN STRONG UP-TREND
POSSIBLE LONG 1) RSI DIVERGENCE 2)BOUNCE OFF FROM THE SUPPORT 3) 20,50 EMA CROSS OVER 4)BREAK OF THE TREND LINE
POSSIBLE SHORT 1) FORMING HEAD & SHOULDER PATTERN ON DAILY CHART 2)MOMENTUM LOSS ON DAILY RESISTANCE LEVEL 3) PRICE CROSS BELOW THE 20,50 EMA 3) PRICE BROKE THE TRENDLINE 4) RSI DIVERGENCE
POSSIBLE LONG 1) PRICE BROKE THE TREND LINE 2) CROSS OVER 20 & 50 EMA 3) PRICE BOUNCING OFF FROM THE DAILY SUPPORT LEVEL 4) INCREASE IN VOLUME
POSSIBLE SHORT 1) MOMENTUM LOSS ON RESISTANCE 2) TREND LINE BREAK 3) CROSS BELOW 50 MOVING AVERAGE
POSSIBLE SHORT 1) PRICE BREAK BELOW THE RISING WEDGE 2)PRICE CROSS BELOW THE 20,50 EMA 3) NEAR WEEKLY RESISTANCE 4) PRICE BROKE THE TREND LINE
POSSIBLE LONG 1)BREAK OF TRENDLINE 2)ABOVE 20,50 EMA 3) BOUNCE OF FROM THE DYNAMIC DAILY SUPPORT 4)VOLUME INCREASING LEVELS MENTIONED ON THE CHART - RISK TO REWARD 1:2