The Stock is super bullish, as it had crossed the range of 60 in RSI.
As per DMI, the buyers are up and sellers are crossed down; so it is a clean indication that the buyers are strong and the stock is bullish
The trend line says that, the stock was bearish from 535.15 to the point 400. Now the stock had changed its pattern and crossed the bearish trend and...
Britannia Industries Ltd is showing a good buy for all the MEDIUM TERM & LONG TERM INVESTORS because Britannia is showing a FLAG Position in its weekly charts.
The stock just crossed the Higher High's trend line which is an signal that the stock had changed the on going trend and speeded the candle more bullishly.
As it is a weekly chart, my experience says that...
I had used 3 indicators (RSI / DMI / Ichimoku Cloud)
RSI shows the Current Trend of the stock
DMI shows the demand & Supply by Buyers and sellers and also it shows the reversal trend and current trend
Ichimoku Cloud gives the perfect buy time
HDFC Bank can give a short time buy position which can give you 5% to 10% returns on this weekly basis
I recommend to buy...
Jindal Steels is on Buy call, as many big Indian Traders confirmed the Flag Pattern and set good Target Points on Jindal Steels
The flag pattern is a sign of showing a great buy at the moment of breakout. The Target - 450 / 490 / 500 / 600. Stop loss maybe - 390
This a Good BUY recommendation in Bharti Airtel Stock. It is showing a Triangular Pattern currently and the Stock is very real bullish and we can see a Flag Pattern also in the Chart. There is a Small risk pattern that the Stock has still not Touched the Trend line, so we need to wait for the stock to touch the Candle Stick till the Trend line and then it will...
In Technical Analysis, their is a very simple pattern which is made by using Simple Trend Lines and Horizontal line and it is called as Flag and Pennant Pattern. And we can see that in Havells India Daily Charts, their is a Big Bullish Pole from the range of 827.55 to 1207.45 and than the candle Stick breaks down for a short time (Short Down Consolidation) and it...