raunaq

raunaq

Constructive looking rounding bottom. Target - 23 SL - 12 Risk/Reward ratio - 2.5

raunaq

Retesting the rising uptrend support line. Bollinger bands suggests that volatility might increase.

raunaq

Following observations suggests to reduce any positions in AIAENG:- --> Violated the lower end of the rising channel --> Red ichimoku clouds have started forming for the first time(need to study about ichimoku clouds more) --> Violated the Bollinger bands --> RSI is showing loosing momentum Retracement levels suggests a retest of Rs. 1190.

raunaq

Consolidating within ST descending triangle formation after breaking out from a consolidation range. Wait for a breakout up/down.

raunaq

The stock is at a major support zone:- --> Taking support of the rising price channel --> Taking support of the Ichimoku Cloud --> Near the previous high --> Retesting the 50-day Moving Average Target: 365-375 Stoploss: 310

raunaq

Nice strong up move after retesting a major support zone. Good breakout from days of downside consolidation. First target should be 965 with a SL of 900.

raunaq

Alembic pharma- Worth keeping in your watchlist. Wait for a breakout up/down.

raunaq

The stock has failed to break the channel and has now tapped the lower band of the bollinger bands. Negative divergence on RSI. It may retrace to 0.618 fibonacci level which is also the previous high (now support).

raunaq

The stock has been resisting since a long time to break the 23600-23750 levels. Looks like a potential breakout candidate.

raunaq

Tapped the upper band of the bollinger bands; retested the 50 retracement level of the fibonnachi series; potential triple bottom (successful pattern 90% of the time); talks about creating 10,000 jobs in the US primarily near Indiana. TGT: 1050 SL: 920

raunaq Updated 

The stock appears to take support at the mid-point of the previous big white candle. Potential double bottom as well. Managed to recapture the Bollinger band. RSI is rising. Bullish confirmation. What do you think guys?

raunaq

I know it is hard to digest that this might be a turning point of Unilever. The chart says it is a clear buy candidate. Heart says it has already reached too high. What is the best way to trade this? Share your views and comments.

raunaq

Nice strong white candle retesting a key support level. Positive divergence on RSI. Tapped the lower end of the bollinger band. First target of 500 with a SL of 410.

raunaq

Good breakout from an ascending triangle formation.

raunaq

Cup and saucer formed during 2008-2014 and 2015-2017 looks similar. Measured move gives a target of 11,200 What do you think?

raunaq

Higher low, Nice downtrend reversal, what can stop you from buying? What do you think guys?

raunaq

Down or up? What do you think?

raunaq

Using some basic technical analysis tools, it suggests that Nifty 50 might retest the rising support line or tap the lower end of the Bollinger band. RSI also appears to cool down. Whom to believe? The chart which suggests to wait or the mind which says this is the best time to invest?