Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
HOURLY HAS BROKEN THE WEEKLY TRENDLINE RESISTANCE - NOW FALLING DOWN TO TEST THE SUPPORT ANY UTURN IN THIS MONTH CAN GIVE HUGE RETURNS.... WAIT FOR THE RIGHT ENTRY
previous demand zone was 46-54 now we need to wait for the momentum pickup in Hourly & 4H charts hourly charts rose for the first time but need to test this 53 support - it helps in liquidity adn also giving a firm faith on the support
at double/triple tops/bottoms, if the consequent points are making with ascending/descending MACD/RSI/Volumes... that relation shows if sth is cokking it shows if the stock is gaining momentum or is looking weak (i call this bottom fishing) well pros look for a confirmation i guess.. but this is chart reading- no calls chart is self explanatory BUT discussions are open
BO above 88 will go to a zone of 95-100 momentum building up as the 3rd bottom MACD is higher than 1st &2nd Bottom even volumes seem almost equal at the third bottom So its kinds early call but woorthtaking a shot
stock has fallen alot after a rally now picking momentum slowly (from MACD) tuk small qty @35.4 and has broken the triangle on upside target of 39/39.5 little fundamental, we shudnt forget the Promoters were BUYERS frommore than 6months
after a considerable fall, has retraced and now momentum is building up (from MACD indicator) already tuk at 35.4 (small qty) for a target of 39