shikhar_kashyap2

shikhar_kashyap2

weekly candle has given a great close on Weekly chart of CUB , i.e broken out of trendline and presently in bullish momentum , 200 levels could be achieved within 10-15 trading days IF prize action does not turn sideways. IF any candle closes below 171.5 , it will signify change of view from bullish to bearish

shikhar_kashyap2

Prize has made a Double bottom pattern with a good bullish candle RIGHT at GAP area with decent volume and bullish divergences in 1 hr chart . The Weekly / Monthly trend of zomato is still intact and is bullish . With recent prize action which is happening , it can be said that unless gap is filled , zomato is likely to be bullish. Recent targets of zomato can...

shikhar_kashyap2

BEL on Daily chart - signs of DB with bullish div + wxyxz complex correction with z wave forming 1 hrly chart has decisive bullish div. If prize gives a good bullish candlestick pattern, view can be comfortablely bullish till next resitance . if it breaks , View can be bearish unless the high of red candle goes or till next support (whichever is earlier)

shikhar_kashyap2

view for 23 Oct is mild bullish supporting factors - Weekly chart , prize at 50 ema Daily chart , giving bullish Divergence and a Fake break down setup 4 hr chart giving , RSI is swing zone , stoch buy form oversold , and a good bullish engulf with good vol