Looks like we have formed near term bottom here. My sentimental RSI has turned green. So don't short nifty now , be long.
50 day moving average around 11500 can be big resistance. I wound but Aug 11000 call option and sell 11500 call option.
Going long has high probability on making money.
Happy Trading !!
Set up on the chart looks weak , Day candle has broken 50 SMA and closed below that. Sentimental RSI also red. Short term trend is weak.
Avoid going long on DIS . This looks good setup to sell call options.
Happy Investing!!!
As you can see on the chart colored 50 DMA is red and its acting as strong resistance. Sentimental RSI is red and moving towards bottom red line . i would wait for Sentimental RSI to cross red line before shorting.
Happy Trading and Investing !!!
50 Day Colored moving average is green. Sentimental RSI is also green and about to touch the upper green bar. This looks bullish setup. near term target is around 460.
Go long on Dabur
Happy Trading and Investing !!
After a long time day candle has closed above the 50 DMA. Sentimental RSI indicator is also green .This looks bullish set up. I would keep a stoploss near 39.50 - 40. My near term target would be 50.
Happy Trading and Investing!!!
My sentimental RSI has turned green , don't short Ashok Leyland now. Also my sentimental volume indicator also show's green , this mean volume has increased with the up move in last two sessions.
Happy Trading and Investing !!
NYSE:DIS
50 DMA has turned green recently which indicates trend is bullish. Sentimental RSI is moving towards 65 which is bullish zone.
Small weekness in price will be good time to buy. Go long on DIS.
NSE:NIFTY
Nifty has been moving in tight range for some time now. It's time to book profit. 50 DMA is in up trend and green. Sentimental RSI just started to move to red. Trend is still bullish, but momentum has come down this is good time to book profit.
Be neutral don't go long or short on nifty.
Happy Investing !!
