Stock is retesting ATH.. after that it should give a quick bounce... Levels are marked.. Lets see
Stock is around 20 EMA, Weekly basis it sustains than a strong pull back possible Levels are on chart.. Lets see how the hypothesis play..
- Stock is in a strong trend but a cooling off period or retracement will make it stronger - EMA 20 is a strong reversal points - lets see if it gives a sign of reversal.. - MACD is in buying zone, it should be reversed - RSI & ADX are giving sign of cooling off and retracement possible - Target – 12300, SL 13400
Rounding bottom pattern BO & retesting a major base lets see if stock is bounce back from here... Important levels are marked Lets see how hypothesis play.
Stock is at a major support Given a pull back in a long journey of uptrend Should go up fast.. Lets see how the hypothesis will play.
Stock is consolidating in a tight range.. despite market movement.. Flag and pole pattern in emerging is it is the start of a next move.. Entry above 615 SL 578.. Target is length of flag i.e. 710... ADx Strong RSI around 60.. Let's see how the hypothesis is played.
Gold price is in uptrend it is reversing from the middle bar of the channel can test 2121 with SL 1919... lets see how hypothesis will play..
- Stock is in a strong trend but a cooling off period or retracement will make it stronger - EMA 20 is a strong reversal points - lets see if it gives a sign of reversal.. - MACD is in buying zone, it should be reversed - RSI & ADX are giving sign of cooling off and retracement possible - Target – 10000, SL 12600
- Stock is in a strong trend but a cooling off period or retracement will make it stronger - EMA 20 is a strong reversal points - lets see if it gives a sign of reversal.. - MACD is in buying zone, it should be reversed - RSI & ADX are giving sign of cooling off and retracement possible - Target – 5100, SL 5600
- Stock is in a strong trend but a cooling off period or retracement will make it stronger - EMA 20 is a strong reversal points - lets see if it gives a sign of reversal.. - MACD is in buying zone, it should be reversed - RSI & ADX are giving sign of cooling off and retracement possible - Target – 4700, SL 5600
- Stock is in a strong trend but a cooling off period or retracement will make it stronger - EMA 20 is a strong reversal points - lets see if it gives a sign of reversal.. - MACD is in buying zone, it should be reversed - RSI & ADX are giving sign of cooling off and retracement possible - Target – 2750, SL 3250
See the strength in trend indicator..is it saying that stock can blast anytime... or something else...
EMA 20 is an important area and stock generally takes support here otherwise it may fall... lets see what will happen in this next week...
Stock is taking support... how it will behave going forward....
Stock is taking multiple support and moving up and consolidating.. it should test its RVWAP in such situation... Target should be RVWAP SL should be multiple support area...
Stock touched RVWAP and bounced and now consolidating.. In such scenario it should touch next resistance i.e. 5700 or 6000 One should keep in mind support level 5300 for SL..
If a stock make a base for long term and cross Rolling VWAP, it should give a good spurt... This is the hypothesis.. User should identify the levels accordingly...
Event has passed Nothing negative.. So if any index crosses day high than it should touch next resistance area... Let's see how the hypothesis play...