rks25195

rks25195

Time to grab it, almost at the bottom of the channel. Positive div on the chart at daily tf, can easily see 156-157, if it is broken, can go ATH.

rks25195

Counter is very near its major support the 200 MA ie 4460-4470, it should reverse from it, I very strongly believe that this will be saved but if it breaks scrip can see 4000-3900.

rks25195

RSI has good strength, 3OW MA has crossed price while sloping upwards and has again gone below CMP, a very good sign of strength, if crosses 5615, full fledged rally will be there.

rks25195

Seems CCL is ready to break the 420-425, if broken can touch ATH easily, needs support from market.

rks25195

Falling trendline BO, Positive div on the Daily tf, expecting first target of 410-413.

rks25195 Updated 

IEX completed the retracement of 61.8% at 690, it has a horizontal support at 690, it has a channel support at 690, I see a confluence zone and expect a sharp upside from this 685-695 zone. and cherry on the top, it has a positive divergence on weekly time frame, from this week to next 2 weeks, you will see on the charts what I see right now.

rks25195

Metal consolidating since long, last BO could not sustain as the descending triangle show that not much of the space has left in it, we can see a BO this week or in next two, and if sustains, there will be no stopping for metals. (A small divergence is also there)

rks25195

Can crawls a little more, reversal can be seen from 5530-5560. Lets see how the supercycle change things.

rks25195

IT seen a pullback, but it is here to stay. Can see nice growth in upcoming days. The pennant formation can be seen as a breeze of relief for IT investors.

rks25195

Enough movement, this week this index will see a little down move, consolidation will be nice.

rks25195

Beautifully moving within channel, there can a small down move but it just getting ready for good nice upmove. Sector for the week probably.

rks25195

Energy sector has grown crazy last few weeks after the news of power shortage, time to relax a little bit. A dark cloud cover pattern on weekly tf, this can bring the index a little more down before it move forward

rks25195

Asian paints seen a good downmove, correction seems to be over as it is standing on its channels support plus strong Fib support of 3167, we can see a reversal from here. This will be a happy diwali wishes from Asian Paints to its investors ;)

rks25195

CAMS CAN SEE THE END OF FALL AS SMALL TFs WE CAN SEE BULLISH CANDLES, also it is at its support so we can see the upmove, this is the high probability. But it still breaks fridays low, it can go till 2800 and the it will find a historical support, trendline support and also a whole number support, so it should not be broken.

rks25195

RSI hidden bullish divergence, Channel support tells that there is very much "Jaan" in this stock, we can see a reversal and first target will be around 440.

rks25195

Beautiful scrip, moved too fast. Expected to reach around 366-372 and then see a correction till 345-348 at least before starting the fresh run try to catch around 345-350. Long term stock to create wealth. Support for theory:: Negative divergence, Channel resistance, Long term resistance, Fib resistance

rks25195

Positive divergence in daily TF, this can easily get it back above 305 an important support, from there on we can expect an uptrend.A long consolidation going on.

rks25195

negative div visible, can touch the nearest support, and move down till 3640