quietlife

quietlife

Hero Motor Corp Ltd showing bearish signs as following: 1. Head and shoulders completed on weekly and daily timeframe. 2. Price closing below 50 and 100 day EMA for 5 consecutive weeks. 3. Price opened below neckline today (20/08/2021). 4. Bearish divergence on RSI throughout the uptrend. Bullish divergence at beginning of downtrend. (divergence occurs when...

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1. ONGC has formed a double bottom on the 1 hour chart 2. Bullish wedge formed on the day chart. 3. Consolidation is observed between 109-118 range. 4. RSI has pulled back from overbought to 60, which leaves some breathing space between 60 - 80 levels. The 3 observations above lead me to expect a potential 5th Wave (101-136) forming on the weekly chart during...

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Indiabulls is forming a bearish wedge, with potential supports are 144 and 120. However it is likely for price to fall to 140. Short at 150

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ZF Steering Gear India Ltd is forming a bullish wedge, go long when price breaks out and reaches 337. Take profit at 370. Stop loss at 315.

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We can see following indications on the day chart: 1. 55 day exponential moving average is acting as a dynamic resistance. 2. 200 day exponential moving average is acting as a dynamic support. For further confirmation, we can look at fibonacci extension lines. (2196.55 resistance, 2093.15 support) Therefore, ladder your buys like this: 1. Buy when price exceeds...

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Sunteck Realty has formed a bullish rectangle with a possible breakout at 200. Ladder your buys. Buy at 200. Buy again if price reaches 203. Stop loss at 184.

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Uptrend may continue. Confirmation if price crosses Rs. 8079. Go long.

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Bullish rectangle forming after an uptrend ending on 21st April 2020 indicates a probable uptrend when the rectangle is completed. Rectangle pattern denotes investor confusion regarding price, which corrects itself with a following uptrend or downtrend. Go long when price falls near 1230. Stop loss at 1195.

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Fibonacci extension shows possible levels of 235 and above! Enter now at 212, stop loss at 200. The stock has broken the resistance level of 206, which is now acting as a strong support level.

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Bearish wedge forming in Bajaj Finance indicates a bearish trend. The current 5% rise could be temporary. Short when price reaches 1980, take profit at 1500. Stop loss at 2100.

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Bearish Wedge formed on 15th May, indicating price reversal. Price may fall to 305. Stop loss at 389.

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2 Hour chart shows a bearish wedge forming after a downtrend. 540 would be a good time to sell.