buy set up seems in reliance with good risk rewards. derivative data also supports as current month highest oi is at 1300 and no reduction in that even todays fall was below 1300 and june series data show 1240 as highest oi means .get ready for reliance upswing.
bharat forge is in very strong momentum.first pullback should be used to buy near 914 with sl of 901.50 or slight below 900 for tgt 950.Ichimoku system says its buy on dips stock may consolidate for next two month in the range of 870-1000.but after than no resistance is going to stop this.....................
TODAY IT SEEMS ALMOST BULLISH STAR PATTERN(MORNING) HAS BEEN FORMED WITH DEL PERCENTAGE NEAR 67%.SO BOUNCE TILL 624- 635 SEEMS POSSIBLE BUYING SHOULD BE DONE NEAR TO 608-09 IF IT COMES .OPTION PLAYER CAN PLAY BULL CALL SPREAD WITH STRIKE PRICE (BUY 610 CALL AND SELL 640 CALL.
As per ichimoku Aries agro ltd chart showing huge momentum in this current up swing.I have limitation to describe other ichimoku findings that are confirming this breakout.I have marked red arrow mark against future cloud to show the momentum .pattern finder can plot H&S as it is going to give clear inverted H&S breakout on weekly as well.Kindly correct me if i...