Stock at very important price levels - about to breach 200 DMA, not a good sign if able to do so. - about to test the major price level around 280. If breaches both the levels, go SHORT otherwise SWING to LONG.
The picture says it all! The stock price has been rejected by the same level 4 times in the past, Stock could swing to test 752
1. Has moved below 50 and 200 DMA - Bearish 2. Above long -term trendline - Could be taking support 3. Watch if closes above 200 DMA 4. Minor Price and RSI Divergence - Bearish
TECHM is quite bullish, could wait for further dip to buy at the recent trendline
1. Stock Dipping currently, 2. Could take support in the 4 year old price action zone, 3. Convergence between price action and RSI shows that the stock could move even bigger after the dip. Disclaimer: I use TradingView only for keeping track of my analyses and measuring my accuracy. These are not trading recommendations
1. Price Rejection from 357 makes the downtrend interesting if this could be a reversal. 2. The downtrend is intact so far 3. If the stock approaches the 50 DMA, then could consider a swing position to test 414
- Moved below 50 DMA - price rejection from the support level. - Moving in a consolidation zone - In short term, looks to be swinging to test the upper resistance 980 Disclaimer: I use TradingView only for keeping track of my analyses and measuring my accuracy. These are not trading recommendations
- Looks like double top formation on Weekly timeframe, stock could go down to test 160. - Has moved below 200 SMA on weekly TF. - Broken the trendline in daily frame. All signs make one bearish towards this stock.
Bullish MA Crossover, plus taken support in the trendline too. Could go long to test 620. Disclaimer: I use TradingView only for keeping track of my analyses and measuring my accuracy. These are not trading recommendations
LUPIN can swing up to test the downtrendline. Disclaimer: I use TradingView only for keeping track of my analyses and measuring my accuracy. These are not trading recommendations
KOTAKBANK is approaching the uptrend line, a Long position could be initiated post the support from this trendline. Currently watching Disclaimer: I use TradingView only for keeping track of my analyses and measuring my accuracy. These are not trading recommendations
Reasons for being bullish on INFY: 1. Sell off recently due to correction in broader market 2. 50 DMA has crossed 200 DMA recently indicating this is only a pullback in a bigger uptrend The stock could be watched during the next week before taking a further position, especially with respect to overall market direction
Long position based on double bottom pattern
Though not a very strong candidate, the stock however looks good to move steadily up.
If IOCL breaks the shown support line, then it could slide further down.
Stock seems to be taking support and ready to swing to the 52 week high levels.
Stock is taking support near a short uptrendline, could long if closes above 50 DMA.
Stock seems to have broken the 5 Year Uptrend Line - Stock has also broken 200 DMA and is currently testing it as resistance, not a good sign again. - If the rejection of 200 DMA is confirmed, a short position could be considered here. - The downtrend might have started after the triple top formation earlier as highlighted by the rectangle. - The stock could...