we saw a macd crossover and it is just above the drawn trendline it crosses 200 dema so i thought it can be bullish
stocks breaks it down trenline with a descent volume and also having good rsi macd crossover
nifty breaks a trendline on 31 december it also shows a bullish crossover in macd it crosses 50 dema today some signs of a breakout
we see a macd crossover in recent time it trades above 50 dema it shows a up trend rsi near 60 show it mean
from these charts a new elliot wave starts in dabur
upl trades between channel that shown in graph last two candles it moves higher with good volume it takes support at 50 days moving average stoploss 728
buy dabur beacouse it s near the 200 exponantial moving average it near long trend line put a stoploss of 565 target 630
it makes an ascending triangle if close above 964 then cipla can move higher
macd crossover relative strength index near 60 dema above 60 stock also near its 200 dema