IT stocks continue to show some strength at lower levels. Good risk-reward trade with RSI bullish divergence gives the confidence to go long on this stock.
Technology stocks are showing some support at lower levels. LTTS & LTI both showing signs of positive momentum to continue. RSI crossing above 50 looks positive. More upward expected above 4800 levels.
This pharma stock is showing signs of reversals with a double bottom on the chart. Good levels to enter with Stop loss below the bottom formation. Pattern confirmation only if stock trades above its 200 EMA.
Abbott has corrected quite a bit from its high and now stock is showing signs of reversals with strong base formation at lower levels with huge volume. Rsi shifting its range from bearish to neutral territory. The stock once crosses its 200 EMA should trade higher. Watch out
The stock has moved above its major resistance and looking super strong. The best place to enter would be if pullback happens to breakout levels. Risk reward would be favourable.
Cryptocurrency chart is showing bottom forming with Double bottom kind of formation happening on charts and RSI divergence clearly gives it an edge. Levels crossing 200 EMA will give further confirmation. Watch out
Positive reversal can been seen in Bank Nift dail charts for which low of candle 36650 should be SL for positional basis. Short term traders can have 37200 as SL.
