Crossed the 200EMA and volumes have started to pick up. Had mentioned this stock a few days back too. Worth going long with a SL below the 200EMA.
Has the stock bottomed out. Looks like a good risk to reward with a SL below 160.
Doji formed today. Tomm candle will be very significant. Keep track to see if there is a reversal.
While the madcaps and small caps are struggling the large cap index is moving from strength to strength with a breakout. Will not take a position until it crosses 10990 though. Waiting patiently.
Has broken down today but there is a positive divergence on the RSI. Lets see if we get a bounce tom to avoid the breakdown. Else things won't look good for the small caps again
Nearing support. lets see if bounces off the support. #watchlist
If you still own this stock, it is at an absolute critical level. If it breaks below its going to be a powerful move down. Be cautious.
At critical levels..be very cautious going ahead. VIX is breaking out too. Dow and Nasdaq are at critical supports and fibo levels..any lower and the move could be very fast and painful.
If markets sustain, this could be a quick short term trade upto marked price.
Breakout on the cards. Lets see if it moves with volumes after crossing 200EMA (Could face some resistance until 170 though)
Leader of the India cement pack. Ultratech cement at 200EMA. Every other big cement company faced resistance at the 200EMA and couldn't cross it. Could this be sectorial weakness? If Ultratech falls below it'd be worth shorting stocks from this sector. ps: ACC, Ambuja, Shree, Dalmia Bharat all couldn't cross 200EMA.
Not a stock to be bottom fishing yet. Breakdown with massive volumes.
Negative divergence, couldn't breakout <-- Points towards going down and weakness. Be cautious
Tom if Nifty takes support around 10690 it could be good for an intraday long from those levels.. #watchlist
A break below 200EMA could lead it to rest the bottom support again. How DJI opens on Thu will be very important to the overall global volatility.
Crude down, ATF being switched to GST... Indigo could soon do 1120.
Stock up on a down day..worth entering and catching the momentum...