Buy- good breakout with volume weekly breakout with volume all moving averages in support
All moving averages converging. closing is above trendline. SL is reasonable. target and SL as mentioned.
looks like asian paints is geared up for new all time high. got good rejection from 3300. so we will keep this as stop loss. final 3550 short term target. once ATH is broken then 4000 also possible.
moving average RSI MACD Relative Strength all suggest buy buy at 364 sl at 354 target 390
see chart for marked levels breakout from triangle pattern. end of squeeze in bollinger bands. moving avg in support and RSI is bullish.
holding a support since march 21 finally bounced from that support and given breakout. now in retest phase. chances are it should go up.
follow target and sl as mentioned in the chart macd is crossing rsi truning up and reaching 60
MACD Crossing with breakout from consolidation of past few days follow the SL and Target at per chart
SUPERTREND-BUY MOVING AVERAGES in support RSI positive MACD crossed
supertrend positive RSI positive MACD crossed moving averages in support flag pattern breakout follow levels mentioned on chart
Moving average in support MACD crossed Breakbout to triangle about to happen breakout of past resistance level about to happen SL TP as mentioned on chart
breakout from all time high is close looking at the rally in peers we can assume axisbank can also push through its all time high if so we can get to see a good rally.
given a reversal from downtrend then retraced a bit and consolidated for few days. today a wide range candle with high volume is created suggesting uptrend on cards. follow the SL and Target levels
uptrend has begun RSI is positive MACD is positive supertrend is positive SL target as marked on chart
stock has been in a range of 20% for last one year. almost on the verge of coming near previous highs and once broken we can see a rally to match the market sentiments. as it has remained in consolidation for long we expect the upside should also be substantial.
leader in its sector. consumption based theme so will always be in demand. so no reason, not to buy it. but when to buy is the question. i have marked 3 prominent levels which could be possible points of reversal. It a range of 200 points. so every dip to those levels could be an opportunity to buy. This should be a long term pick. 2-4 months as it might take...
possible reversal downtrend seems over and price has sustained with upward movement seen in last couple of days. moving averages are not yet in support so we might see a bit of retracement towards 285-290. that should be the best buying zone.
possible reversal downtrend seems over and price has sustained with upward movement seen in last couple of days. moving averages are not yet in support so we might see a bit of retracement towards 175. that should be the best buying zone.