seems like downtrend is over macd is also given buy signal moving averages are also supporting
buy above 2911. safe buy above 4000 sl as given Moving averages in support. good risk reward ratio
RSI, MACD buy signal moving averages in support SL-10 rs Target 10rs
moving averages are in support RSI and MACD positive created a bottom and retested 740 levels multiple time. possibility of moving upwards is high.
FLAG BREAKOUT Moving average in support MACD crossed RSI positive
Price action signaling recovery from downtrend with higher high formation. recent candles have rejections from bottom. entry at current price. sl at breach of support line.
Breakout of previous high with high volume MACD about to get positive RSI buy signal
moving in a channel for almost a year. possible breakout as we a see a bullish candle with huge volume.
after a sharp downtrend recovery is seen in past week. price has sustained post recovery and fresh breakout is seen RSI buy signal MACD already crossed Supertrend buy signal
upward trend triangle structure possible breakout sl at mentioned level profit 1 as mentioned
Energy sector looks bullish. Reliance being key component of the sector should be the driving force. Reliance has been trading in range of 1800-2300 since last august. With current scenario of nifty making new highs, it wont be left behind and should create new high to remain in sync with market. Following signs have been observed in Reliance daily chart 1....
industry trend- nifty auto is showing signs of reversal auto sales season is upcoming stock trend- Downtrend seems over. supertrend has given buy signal price action suggest bounce from bottom of channel MACD is crossed
after breakout retracement seems over. hopefully will second attempt to go up will begin here
close to support zone. stop loss is small. all moving averages about to converge. macd about to cross
moving averages converging 3rd time retruned from the given level if breakout from that it can begin uptrend target and sl as mentioned
possible breakout of downtrend line. moving averages are converging to provide support. buy above given level with mentioned stoploss.