pushkar_parashar

pushkar_parashar

The stock has been corrected heavily in last few trading sessions. Now the technical analysis throws a very distinctive RSI Divergence. tt can been be seen in one day/ 4 hours/ 2 hours/ 1 hour and 30 minutes chart. Also, the share price has responded to the support line positively. though the Divergence is seen, it will be complete if there is some upward...

pushkar_parashar

BN has crossed Resistance 1 and is in bullish trajectory. However now it is facing Resistance 2 - trendline and it has also developed RSI divergence as shown between two arrow. Though the divergence has not formed completely but the RSI is not as bullish as the BN. I expect correction tomorrow and/or on the last day of this expiry. BN may close at 41800 to...

pushkar_parashar

It is forming a Cup and Handle formation - tilted It is over a One hour chart RSI recovering from oversold zone Expecting this expiry target to be around 38700 or more

pushkar_parashar

Short Bank of Baroda. Target& Stop loss in graph This is only a view and not an advice to trade. Kindly trade as per you analysis, risk assessment and capital.

pushkar_parashar

Axis Bank may give an opportunity to short. The set up is as follows -From the current position, if the price moves down and goes below 721, then the price may decrease further and any shorting done may be rewarding. - From the current position, if the price moves up and touch the price of 736, Wait for the next candle. If the price decreases from there, after...

pushkar_parashar

HDFC Bank had crossed a major resistance and was expected to breakout from there. However, it seems it has lost the momentum and now is prepared for a short correction. - After crossing the resistance HDFC could not last high of 1448 - RSI is now just below 50 and is going down the Moving Average of RSI, in 30 minutes chart - Volume is in decreasing trend after...

pushkar_parashar

HDFC Bank is showing strong upward movement. It has crossed a strong resistance - Blue color in chart. It is now moving in the price channel and has taken support at 1424 (Black color small line). The RSI has reversed from the level of 50 and is showing upward movement. It may be purchased for a target of 1528 which is the next strong resistance

pushkar_parashar

Analysis Done in 30 M and 15 Minutes Candle -The price trend shows that it touched a resistance and has returned from there - In the 15 minutes chart, the stock has closed below 9 EMA -EMA cross about to be formed - RSI is reducing and has returned after touching 70+ Zone -DMI shows negative sentiments and flow are getting in control -MACD signal for sell looks in...