nirukolhatkar

nirukolhatkar

The chart looks good because of following reasons: 1. Crossing above all EMAs in monthly, Weekly & Daily TF. 2. Breaking out of Parallel Channel 3. Near previous swing highs 4. Good Volumes near top line of parallel channel. 5. Good reward Ratio Tomorrow's weekly close will decide whether the plan is activated or not.

nirukolhatkar

Trade Logic 1. Crossing Above all EMAs in Daily TF 2. Took support at R1 in Weekly TF 3. Crossing 38.2% Golden Ratio in Weekly TF 4. Increasing RSI & Volume in Daily & Weekly TF

nirukolhatkar

The stock is looking good for up move because of following reasons, 1. Stock above all crucial EMAs in weekly and Daily TF. 2. Huge Volume in Daily TF 3. Challenging the Annual Pivot (101.75) 4. Completed Correction Wave 2-3 in Weekly Time frame and starting Impulse wave 3-4.

nirukolhatkar

Breaking out of inverted H&S Pattern. Breaking out of Counter trend line on weekly time frame