A big move can be expected above 5220 definite close.
High strength setup poised to make decent returns in the near future. Satisfies the 2 Bollinger Band strategy. Decent fundamentals to support the uptrend. Entry above 76 daily close.
Look at the last 11 candles Every bear candle has been absorbed and negated by bulls.
the stock should do good above 2300 levels, can add to watchlist
Stock taking support at POC and demand zone. Watch the historic movement from Demand zone.
We have a breakout in nestle on the dailt tf. The stock seems good in lower tf too.
Nifty has been the top performing market among asia.
The best time to add realty sector is right now. ensure a daily closing of 331
Potential setup for an uptrending move. view negated below 680 daily close.
A cap and handle pattern ussually gives a 30% movement post breakout.
NIFTY - It has been difficult for nifty to sustain above 80 RSI since March 2021. Expecting a fall. Not a reversal. NO RECO. Just a view
All the major supply has been absorbed at the demand zone.
Multiple indicators indicating a bullish set up for the stock.
"Every euphoric rise will once meet the 200 MA" 1.Watch how it has met the 200 MA after every euphoric rise. 2. Watch the distance between them now!!
1. Watch the support at 200 EMA always. 2. Formed a bullish candle at demand zone. 3. There was no major sell volume while the price was falling.
Bullish engulfing candle followed by 50 EMA and POC support. View negated below 750 daily close.
There are good chances of zeel to reverse from here. Target - middle line of the channel
What could possibly happen here? Let me know in the comments.