Torrent Pharam is an interesting chart with following factors 1. Ascending Triangle Breakout on Daily Chart 2. Narrowing Bollinger Bands and Price moving on upper Band 3. 20 Week SMA support at 1918-1920 zone 4. Narrowing Bollinger Bands on weekly charts 5. Daily / Weekly / Monthly all RSI above 60 6. Daily Super trend signal changed to Buy Good Risk reward...
GRASIM INDUSTRIES LTD is an interesting chart for following reasons 1. Weekly chart : Long ascending Triangle breakout and its retest during last week and price taking support at trend line at 1824-1830 zone 2. 20 week SMA support at 1840 levels 3. Daily ABCD pattern under formation 4. Daily - Stock Making higher highs for last 3 days, 5. Outperforming...
Muthoot Finance Ltd. is an interesting chart with following 1. ABCD pattern under formation in weekly chart 2. Price taking support at 20 week SMA i.e. Rs. 1270 3. Price crossed above 20 Day SMA (1259) and is trading neat upper Bollinger bands. 4. RSI on daily /weekly / Monthly time frame is bullish strong 5. As per fib Projections next resistance can be 1368-...
Britannia seems to have formed a double TOP with negative diversion on RSI (weekly ) 1. Daily Price is below 20 SMA 2. can be a good Short trade with SL above 5050 for a swing target of 4650 - 4530 3. Harmonic Pattern with PRZ on 5037 levels I am not an expert I just share interesting charts here. Please seek expert opinion before investing or trading because...
Grindwell Norton Ltd. is an interesting chart with following factors 1. ABCD pattern on weekly chart 2. price confirmation on weekly chart with two green candles after hammer formation. Price gained major support level of 2100 3. Daily price moving on upper Bollinger band and narrowing Bollinger Bands 4. Major Support zone 2017-2100 levels Minor Resistance...
Reliance Industries Ltd. is interesting chart with following 1. Trading near major support zone of 2260 -2300 levels 2. 20 Months SMA support at 2310 levels 3. Bullish Engulfing candle on weekly chart 4. ABCD pattern under formation though confirmation awaited. 5. Looks good in terms of risk reward Disclaimer: I am not an expert I just share interesting...
1. TITAN seems to have completed ABCD pattern on daily chart and have formed PRZ near 3360-3400 zone 2. Forming BAT pattern on daily chart. 3. Confirmation below 3220 - 3200 zone for Tgt upto point D Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert...
VOLTAS is an interesting chart with following 1. ABCD Pattern under formation 2. Price took support @ 20 week SMA i.e. 820 3. Looking bullish for target of 900 Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as...
DLF is another interesting chart with following 1. Price forming ABCD pattern on daily chart 2. Price took support @ 61.8 % retracement 3. RSI on weekly and monthly time frame Above 60 4. RSI on daily took support at 40 levels and bounced back 5. Major support at 20 Week SMA i.e. 510 levels (which is also point - C of pattern) 6. Price formed Hammer pattern...
HCLTECH is an interesting chart with following reasons 1. ABCD pattern under formation 2. Price Crossed above 20 day SMA 3. Narrowing Bollinger Bands and price trading near upper Bollinger Band 4. On Weekly chart it formed a breakout of CUP pattern and is sustaining above breakout level after testing the same. 5. RSI on all time frames (daily/ Weekly/...
PVR inox has completed its harmonic pattern and has formed PRZ at 1872 1. Price seems to be forming bearish candles 2. Price Crossed below 20 SMA and is approaching lower Bollinger band of Narrowing Bollinger Bands. 3. Can short for target of 1601 - 1540 Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be...
Its bullish with buy on dips 1 RSI on all time frames D/W/M above 60 2. Harmonic pattern under formation 3. Buy as per your own risk reward on dips Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/...
LICHSGFIN seems to be forming reversal 1. Weekly Harmonic Pattern PRZ near 488-500 levels 2. Price closed below 20 SMA 3. Price approaching lower band of narrowing Bollinger Bands 4. Major Support now near 415 - 395 zone which can be target for shorts. Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be...
KOTAK MAHINDRA BANK seems to have formed a bottom 1. Harmonic Pattern formed on daily chart with PRZ near 1690-1710 zone 2. Narrowing Bollinger Bands on daily charts 3. Price crossed above 20 SMA daily 4. Resistance at 1838- 1845 5. Positive Divergence on RSI --- Price formed new low but RSI is rising . Disclaimer: I am not an expert I just share interesting...
ICICI Prudential Life Insurance Company Ltd. seems to be bullish with for a Target of 671 to 724 and Support at 540-558 1. RSI on Daily Weekly and Monthly time above 60 2. Price Above 20 SMA on daily / Weekly/ Monthly Charts 3. ABCD Pattern under formation 4. Price walking on upper Bollinger Bands 5. Narrowing Bollinger Bands Disclaimer: I am not an expert...
Radico Khaitan Ltd. is an interesting chart with following factors 1. ABCD Pattern on weekly chart 2. Harmonic pattern on daily chart 3. Stock trading near upper Bollinger band on daily charts 4. Narrowing Bollinger bands 5. Major Support zone 1190-1160 6. Minor resistance 20 Week SMA at 1266 Disclaimer: I am not an expert I just share interesting charts here...
ABCD pattern under formation RSI bullish abv 60 on all time frames tgt D Underway bullish with buy on dips Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks....
1. ABCD PATTERN under formation 2. RSI on all time frames bullish above 60 3. May touch 2735 shortly and then will achieve D