DHUNSERI VENTURES :
Analysis done on Monthly TF.
Following Observations
1. Formation of Flag and Pole, retest done with great volume.
2. RSI showing strength on Monthly and Weekly TF
3. Expecting price to hit in long term marked Blue lines and orange is extreme.
Let's see how it goes.
Note : Not any Buy or Sell Recommendations just sharing learning stuff.
NIFTY PHARMA : TREND LINE BREAKOUT
Following are my observations
1.Nifty Pharma Broke the Trend line with good bullish candle and its for Long term view.
2.If Sustain then continue the upward movement & hinting the Bullish Flag Pattern formation else treated as failed break out.
3. RSI also showing the Strength.
Note : it's just my Analysis not any Buy or...
NIFTY IT : Bullish Hidden Divergence.
Bullish Hidden divergence formed in NIFTY IT indicating trend Continuation.
If it close below marked point "A", this will get invalidated.
Note : it's just my Analysis not any Buy or Sell recommendation.
Looks like Hind Petro Gave Breakout, need to see if it's real or fake.
Following is the logic behind this Analysis.
1. Breakout of Range with Good Volume
2.Consolidation before breakout at resistance.
3. Breakout with Good Bullish Candle.
It's just my Analysis not Recommendation. Let's see how it goes
