The stock broke above the neckline of the double bottom pattern. With high volume pushing it to the upside and 50D EMA acting as strong support, the stock is very likely to go long.
NSE:NIFTY As per NIFTY50 Weekly chart its seems bullish trend is at end and we may see bears will be taking over from here. CMP 12214.55
The daily trend of the stock bounced of 200D EMA quite a lot many times to make the dynamic resistance a lot stronger and is expected to maintain above the same resistance and bounce back and go long upon hitting the resistance again. But meanwhile the trend holds a strong resistance against 50D EMA.
Upon reaching the short term resistance based on the previous trend pattern, the stock has the potential to go long with as high as 13%.
Bulls going strong on ONGC as a double bottom hit as the day closes, and seems to be a perfect opportunity to long on the stock.
YESBANK tends to bounce of the support for the third time, as the days high crosses the 20DMA. The stocks seem to follow an uptrend until the next decline.
NIFTY taking 50 MA support, will it break or will it go down..
All PSU started their journey RVNL f\will follow soon wait for triangle break out or keep buying on every dips good luck
price touching 480 - 485 region and if you take a look at RSI it is very bullish and no bearish divergence till now so after confirmation of breakout we can enter in this trade
there is bullish divergence on daily time frame with falling wedge so expecting a bearish test to that downtrend line placed above it.
NSE:TITAN Titan Weekly Trend 25/12/2019 Well, TITAN on weekly chart after making a high of 1389.95 retrace back to 1123.20 and close right above the Golden Fib Retracement Level of 0.786. Now stock is making upside moves from 1123.20 and as per Fib Extension and Elliot Wave theory I am expecting stock will show 1450 plus in upcoming weeks or months. ...
Buy Above : 156 TP 1 : 160 (Hold 80%) TP 2 : 165 (Hold 40%) TP 3 : 170 (Exit The Remaining 40% & All Open Trades) SL : 145
Buy Above : 1188 TP 1 : 1195 (Hold 80%) TP 2 : 1215 (Hold 40%) TP 3 : 1230 (Exit All Open Trades)
Union Bank is making a broadening wedge pattern in daily time frame. We have closed above the pivot(orange line) with good volume which is a bullish sign now we need to stay above it for next few days for further trend continuation. and there is beautiful relation which is found out to be with price and time, so just being bullish biased upcoming rally can take 27...
Nifty has turned neutral on the 1D chart (RSI = 51.602, ADX = 18.513) after failing to convincingly break the May Top and All Time High. Regardless of that, the dominant long term trend remains bullish as the price is comfortably trading within the 1M Channel Up (RSI = 62.339, MACD = 559.250, Highs/Lows = 313.4073) for 2 years. However, the RSI on 1D is posting...
Indiabulls housing finance is trading in a good range am expecting a jump from 250 - 255 level for higher highs... Good luck and always use stop loss