#hdfclifeinsurance potential breakout continuation broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish. stop loss could be below the breakout and entry could be above current candle high for swing trades momentum and trend is bullish in all timeframes and breakout is likely to continue more.
#marico multiple bullish reverse divergence seen on weekly timeframe and also a flag kind of pattern that could potential move it up is seen. daily seen at a 4 times tested zone and therefore not wise to enter until a green close above it is confirmed.
#UBL #unitedbreweries potential breakout breaking out of a major 3 year old resistance and weekly momentum rang shift and bounce in progress could go long if a green close seen above the resistance on daily. Momentum and trend is bullish all around. Could be into watchlist for now
#havells the breakout is yet to happen clearly from the W pattern and is consolidating since it touched the neckline. But good thing is that there a multiple bullish reverse divergences seen on the daily timeframe and there is good probability of this working out to make happen the breakout Havell's remain potential breakout candidate pattern seen. Momentum and...
#interglobeaviation potential breakout pre pandemic resistance hit .watch out for a potential breakout. also looks like an inverse head and shoulder pattern on weekly though not perfect looking. bullish momentum and trend seen on all timeframes. Could plan long if a green close appear above resistance with stop loss below it.
#niftyreality: is that handle done for the weekly cup?.seem to be breaking out after retracing for forming handle probably.
#USDINR first week after previous months gravestone doji seems working and it lost grip of previous resistance and now is heading down to channel median with 3 bearish candles. Momentum is resisting on rsi second time each time attempt to break hit channel top.
#SRF bullish divergence met target earlier perfectly and consolidating currently and more steam may be left as a flag pattern seems to be emerging and could attempt a swing long but as long as breakout zone is not breached and momentum does not slip from bull zones.
#trent is trending. previous resistance was taken out and could see further up move with decent momentum in all timeframes.
#HDFC daily momentum bullish reverse divergence with a ranges shift bounce in progress.weekly momentum forming range shift from sideways to bullish.monthly also got back into bull zones.formation of a rounding pattern with potential breakout.
#ApolloHospital wish had not missed that bullish momentum reverse divergence just before that 21% breakout which is now history and educational only :)- reminds need do the homework of scanning stocks regularly. great volume, momentum resulting in a consolidation breakout. Now need wait for a retracement levels for any entry
A hammer on weekly and bullish momentum divergence on daily already work in progress could indicate the previous bearish divergence moves is probably arrested at support zone and is likely to move up.stocks could be picked once momentum reaches above bull zones.
#mindtree breaking out with violent momentum and huge volumes and forming another channel. wait for a pullback for entry.caution is that sector index has bearish divergence due.
Metal sector index last week went bearish following a weekly divergence It now has a unconfirmed bullish reverse divergence on weekly and could take momentum support and bounce Daily momentum has touched 40 support. In short any bearish further from here is bearish confirmation and reversal.
this stock is riding a multi year trendline channel and has broken out of a previous resistance tested 4 times in 1.5 years. momentum is bullish on all timeframes but an entry now may not be ideal and it could now take a dip in a week or two and reverse and watching the candle pattern on signals of reversals could give a multiweek swing trade if there is patience.
TCS weekly momentum breakout.tcs weekly W pattern double bottom resistance taken out and broke out of a previous resistance zone that was tested 3 times this year.daily candle is open-low wide range bullish candle. Momentum and trend in all timeframes bullish. tradable with tight stoploss below last candle. dollar beneficiary trade.
#britaniaindustries potential breakout coming week watch out for a green candle close above 4010 which could give a breakout move on this stock. Early impatient entries without stop loss can take reversal hit.
all timeframes bullish in momentum and trend. A 4 bar bullish momentum reverse divergence on daily could take it further up to at least 16799 again if it works out. enter only on confirmation of price moves above previous candle with tight stop loss and if this is negated reentry only after a retracement at mentioned FIB levels.