Rejection at Resistance Retraced and got rejected at fib 38% level Below EMA 200 at hourly Time frame Will continue its downtrend
RSI Bollinger squeeze and breakout, Tgt 2015
This week we are looking at CRISIL Limited. The chart is quite self explanatory and the support line is drawn on the chart. The stock is in good buying zone currently.
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets Logic, Entry range, SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade....
Ready for a big upmove, on the watchlist
CRISIL FORMING A TRADING CHANNEL. might offer consolidation at a resistance around 2059
Crisil is breaking out from a resistance after long long time. Important points to watch out for is spent some time before breaking out & Volume on the breakout candle is impressive. Resistance is being breached after multiple touches which already made it weak. Important Levels:- Entry:- 1910-1950 Sl:- 1790 on closing basis. Target 1- 2030 Target 2- 2140 Happy...
NSE:CRISIL gave a triangle breakout. This is the potential long setup with target 1 & 2.
WEEKLY MOVING AVERAGE GREEN LINE IS 200 WEEKS MOVING AVERAGE OF CLOSE BLUE LINE IS 200 WEEKS MOVING AVERAGE OF LOW RED LINE IS 100 WEEKS MOVING AVERAGE OF CLOSE CONDITION: GREEN LINE SHOULD BE ABOVE RED LINE AND PRICE SHOULD BE ABOVE GREEN LINE BUY ONCE THE PRICE IS ABOVE GREEN LINE AND FULFILLS THE CONDITION. TARGET 1 FOR TIME FRAME 1 YEAR= 2 X GREEN LINE...
on weekly chart 200EMA line support and doji
CRISIL LTD BUY 2185 TARGET 2350 STOP AT 2095
EMA - 20-50-100 very narrow and taking Bounce back in LONG trend RSI - almost reversed from over sold price MACD - BULLISH Crossover and below 0.00 means having 15% scope in upward direction. it can be really good buy.