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...
Close above major resistance generally trigger a rally.. Close above 5600 Target 6000 SL 5200
Below 1952, it may be sell but at market price.. stock is in consolidation range and can give a bounce back.. SL 1952 Target 2200 Entry 2020
Company has come out with a very lower results.. on a bad day stock open 10% down (25th Jan) but it has recovered half of it though market was bad... so in such a scenario.. it should start upward journey as Aarti did... lets see... Entry now and immediate target is 450... SL 340 to 350
ADX Strong RSI Buying zone Currently at resistance level When a stock closes above resistance level, it gives a strong spurt.. So close above 290 would take to it to 321... Lets see how the hypothesis play..
Stock has tested a major resistance and bouncing back from that level... lets see how it will react... Entry immediately. SL 5150 Target to immediate resistance i.e. 5600 T2 - 5800
If a strong stock due to some reason falls and take support at Monthly 20 and spend some time there then generally give strong bounce So if stock spend time there entry > 4040 SL 3600 T1 4500
Stock is going to cross nearest resistance level Entry > 6543 SL 5806 Target ATH Adx is strong RSI above 50
Index is testing a major support.. will it bounce back from here.. .million dollar question..
When a stock form a Rounding Bottom pattern and give a BO to a major resistance than it can go to substantial high.. As this seems to be a Quarterly Rounding Bottom pattern so target should be ATH Entry above 81.40 Target ATH
After BO, it has tested resistance and retracing again... Option 1 - Entry at 800/- Target 1 842, Target 2 914 Option 2 - Entry at 775/- Target 1 842, Target 2 914 Option 3 - Entry at > 842 - Target 1 914, afterwards trail SLT ADX - Positive RSI - Buying territory 71
Stock is giving weekly close above a major resistance level i.e. 14 then generally it test the next resistance level i.1.15.40 second resistance is 17.00
If a stock crosses a monthly resistance after a long time it can test the next resistance.. Most of the stocks are giving BO of 9 months resistance.. and in some cases DMI+ is also positive.. in those cases.. strong upmove may come...
Cup and Handle When BO happen from the neck line.. stock should give a immediate move Longer the duration strong the BO.. this is monthly BO Entry > 4120 SL BO level Target as per Risk ADX positive and RSI in buy zone..
Stock has fallen very sharply and now giving a retracement.. Now it should test the resistance level i.e. 164 then confirm the Break Down or Break Out But it should test 164 before.. Entry now Target 164
If a stock gives BO on Monthly time frame, it should test the next resistance entry now T 1 - 99.9 T 2 - 106