sahaveer

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 ...

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