results on march 13 heromotocorp is already fallen so if results are bad may not fall much and is now below 30 rsi and can see divergence on adx or trend strength might not continue for much longer or can wait until some dojis are formed at the support points
macd is above center , and we can see triangular wedge formation ,stochastic rsi shows +ve crossover i am bullish but it may break up or down but most probability is there for upside
decending triangular pattern which is a continuation pattern expected to be formed if breaks in upward can take postion based on resistance trend line
lupin can go to 2000 in long if comes over cloud
its been consolidating for along time on 15 min chart ,gives a dividend of 37-40 a year , and if government declares buy back of shares can go to 800 also, downside risk is very low even if market falls this stock does not move much
bollinger contracted in day chart and rsi above 50 positive to buy dis claimer -this is not investment call, trade at your own risk
after lockdown bussiness is back on track in short term we way get 10% the stock has been falling since 2018 from a peak of 200 where small caps peaked out in 2018 ,in monthly chart the stock is above 20 day moving average in bollinger bands and in day chart the bollinger bonds are compressing ,perviously it went to 71 so we can expect to break that level this...
it is a bearish continuation pattern compare with united spirits for similar example which is also published in my ideas disclaimer - this is just my idea and opinion trade at your own risk
suntv is the only entertainment stock which has high profit margin of 70% and promoter holding is above 60% and fundamentally strong company which also gives good dividend , in long around april there are going to be elections which can make stock 20-25 up or down based on election ressults in tamilnadu
we can see rsi near by 40 and mfi below 30(oversold range) , in short term we can expect to go to 9300 in long term can go 10000+ as bajaj finserv may get banking license we can see now price is currently at previous month low(december low) ,and in november also price traded at this range ,actually it is going sideways (consolidating) and bollinger bands...
rising wedge formed in day chart ,and adx giving negative divergence but to confirm this we need rsi and mfi to be in over bought range currently RSI is at 60.4 & MFI at 63.1 and rising wedge need to be much closer but over all direction it is getting narrower i think in 1-2 weeks mfi and rsi will reach over bought ranges and rising wedge becomes much more...
rising wedge formed three times in previous months from march to jan and in bigger frame made a big rising wedge price still at 15000 which also same in march month so can now buy and hold disclaimer trade at your own risk just my view posting thankyou for reading
->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high ->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900, ->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15, ->if we look at...