Nifty FMCG/Nifty Relative Strength chart is exhibiting bullish push at the 200DMA. The price action on the relative strength chart looks bullish and we can expect bullish push from here toward the resistance zones marked.
the red line, will be soon breached, if markets be in a bullish nature, or will be breached after being volatile for some time and then move upside.
blue lines are the levels.
the green line is a great support, which stock being volatile, then will not breach this green support, and volume might be seen to be increasing.
and the dark black line is the actually...
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
RUCHI SOYA IND 60MIN is trading in a range for a long time breakout is done of the long trendline and the second trendline is also there of orange color that the stock is making, breakout of this can give bullish momentum. Bullish divergence is also there. Also we can see there is strong long term support on 1040 price level and we can see that stock many times...
HUL has been consolidating for a couple of days now between 2375-2320. Any breakout on either side can give good momentum and profits. Worth keeping in ones watchlist for a possible swing trade.
This is the EW Wave counts based on Monthly time frame log scale.
(1) See how the Magenta Trendlines are driving the prices. These are long term and solid structure contained within the trendlines. Lower Trend line provides the support and the upper trendline provides the resistance.
(2) Waves counted in in Red shows major/monthly elliott wave cycles. Waves in...
All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
JUBILANT FOODWORKS
DEPTH CHART ANALYSIS
IF YOU THINK SOMETHING I NEED TO IMPROVE DO LET ME KNOW OR IF YOU FIND ANY VALUE FROM THIS PLEASE LIKE & COMMENT
THANKS
A quality Stock which has gained Massive Value in just few Days, now again ready for the gains
.
.
its again trying to go at its original rejected area from the top
.
.
.
thanks
have a Great Profitable Day
May God bless You
Elliott Wave Pattern Completed , Double Corrective Flat Followed By Zig Zag
Price Retraced 0.5 Of Its Impulse Wave .
Bigger Time Frame Trend Is Upside .
If Price Respect 2088 Level That Is 0.618 Fib Then It Will Give Big Upside Movement .
Last High Can Also Break .
Find A Bullish Setup Around Demand Zone (Marked Green)
Or Near 2088 Level .
Happy Learning .
FMCG giant COlgate Looks Weak
Bearish Flag Under Construction
If Breaks Below Flag Fresh Downside till the target Area is expected Stop Above the EMA
Do Your Own Analysis Before Taking Position
