wildwildmoney

wildwildmoney

Titan seems to be gearing up for a breakout above its Apr - May 2018 resistance zone of 1000 . As long as it stays above 930, Risk-reward seems favorable for a long setup at current levels for Target 1150. #bullish

wildwildmoney

Maxindia is trying to bottom out. Weekly positive #divergence in #RSI observed since April 2018 as prices made lower lows (last low of 68.75 in June 2018). Today's daily #candle made low of 75.30 and closed at 83.05. Will get interesting if it closes above 88. #watchlist

wildwildmoney

#Yesbank weekly #bearish RSI #divergence from Sep 2016 till Sep 2017 seems to show early signs of getting resolved by passage of time. A weekly close above 395 & #RSI hitting Overbought territory will be the perfect recipe for a wild rally in this stock.

wildwildmoney

#Axisbank approaching it's all time #resistance zone of 650-640 level. After failing in Mar 2015, Sep 2016 and Jan 2018, current momentum seems good to push it back to re-test the supply zone. Will it join the #Nifty Pvt bank party ? I'm very #Bullish above the resistance zone

wildwildmoney Updated 

The earlier chart was not Dividend adjusted after re-checking the chart settings. Hence, had to re-post The way i read this monthly #chart - #Gail is gearing up for the "Mother of all rallies" as long as it respects the prior swing low of 300. My initial target is 575 #BULLISH

wildwildmoney Updated 

The way i read this monthly #chart - #Gail is gearing up for the "Mother of all rallies" as long as it respects the prior swing low of 300. My initial target is 575 #BULLISH

wildwildmoney Updated 

Idea expressed on the daily chart :-

wildwildmoney Updated 

Reasons for being bullish on OIL :- The last correction to $58 ended up forming Double bottom base formation RSI not hitting oversold level of 30 on daily charts Breakout above double bottom and retesting its neckline at $60.71 Forming a cup & handle formation and a break above neckline last friday Macd backing it up with a positive crossover Rsi above 50 adds to...

wildwildmoney Updated 

NCC ltd seems to be gearing up for a big upside move as seen on the monthly 5 year chart. The chart structure on log scale looks like a "V" shaped Cup n handle pattern and the neckline is around 118-119 levels. After failing to breach resistance level of 118-119 in April 2015 it underwent a correction and found support at 55 level, post which it has been making...

wildwildmoney Updated 

Alankit Ltd seems to be consolidating close to its all time high levels. Pattern formation is similar to Inverted Cup n handle with neckline around 38-39 level as visible on the weekly charts. A potential breakout seems to be underway to the upside if it closes above today's high of 39.40 with higher volumes. Trade strategy : Buy above 39.40 1st Target @...

wildwildmoney Updated 

Syngene International daily charts show that it has been in a downtrend since 12-Dec-2016 making lower lows and lower highs. Price broke above the downtrend resistance line in Sep 2017 and seems to have found support at levels of 440-450 (as observed in may 2017) MACD & On balance volume indicators show bullish divergence as per the chart as observed in the month...

wildwildmoney Updated 

MGM -5.25% is approaching support zone between 30 - 30.50 levels. Expecting a Strong recovery till 31.30 levels. Trade Strategy : Buy @ 30.30 Target price @ 31.30 Stop loss below 29.80 Reward to risk - 2:1 Disclosure : The view expressed above is my own analysis on the stock. You are responsible for your own investment / trading decisions.

wildwildmoney Updated 

Been tracking this pharma company since 2014 when it was trading at levels around Re.1 Since it being a penny stock it is difficult to apply technical analysis due to variety of reasons. However, the yearly support trendline is now making sense and provides an opportunity to buy it at current levels. Does it have a potential to be a multibagger - Who knows ? But...

wildwildmoney Updated 

Daily charts of this Real Estate company show higher highs and higher lows as it trades in the upward channel. It broke above resistance of 45-46 levels (aug 2015 & Jan 2016) in June 2016 topping at 62 levels and then crashing again below the 45-46 level (which failed to act as support) in nov 2016 making a low of 33 (almost 50 % correction). In feb 2017 it...

wildwildmoney Updated 

Oil is showing signs of exhaustion on 30 mins chart at current levels of 50.13. Trendline break plus negative divergence on RSI makes it a good short term short bet for target of 49.40. Keep strict stop loss @ 50.55

wildwildmoney Updated 

Redington India closed above the monthly resistance line which seemed more like a descending triangle pattern with an upside breakout. The stock seems to be ready for an upside move to test December 2014 high of 140 level. RSI above 50 is a good sign. Trading strategy : CMP : 109 Target : 138 Stop loss : Close below 92 Reward to Risk ratio = 1.70

wildwildmoney Updated 

After Nifty and Titan completing successful double bottom's as per my earlier post's , it seems to be Heidelberg Cement's turn to follow suit. Perfect double bottom pattern formation although still not confirmed on closing basis. It made a high above the peak of 123.45 . RSI & MACD both showing postive divergence on daily charts make this stock to be put on radar...

wildwildmoney Updated 

As we see Titan confirmed Double Bottom pattern by closing above 325 level. Also there is positive divergence in RSI & MACD histogram indicators at the two bottom levels namely at 303 & 308 confirming the reversal of downtrend. On balance volume also rising. It achieved target price of 350 levels as per double bottom pattern calculation. Next Target price is 375 ....