NSE:RHIM is forming a rounding bottom and is near its resistance line. Watchout for the breakout of same. Long positions can be taken only after closing of candle above Neckline.
CMP 99.35
Increasing profits every quarter for the past 2 quarters
Company with decreasing Promoter pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Strong Momentum: Price above short, medium and long term moving averages
RSI indicating price strength
*Not recommendation. Do your due diligence
NCC Limited is an...
CMP 78.05
New 52 Week High
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Company reducing Debt
Company with Zero Promoter Pledge
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Negative to Positive growth in Sales and Profit with Strong Price momentum
RSI...
ITC made rounding bottom pattern with good volumes & trading above all positive technical parameters.
Could be bought with mentioned stoploss & target.
HDFC made rounding bottom formation on smaller TF with decent volumes & facing resistance @ 2360 levels, once it breaks above 2360 then its a buy,
with mentioned stoploss & targets
Good Day ,
Hello Traders,
Raymond coming out of big consolidation as big rounding bottom is formed.
Chart Self explanatory
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the...
