PI Industries whenever below the RSI support line has bounced back after few days or weeks back and again traded beyond 50 EMA...! Is it one more attempting to touch 50 EMA Next 2 sessions if it attempts and touches 50 EMA, better to wait for a bounce to take a trade.
Asian Paints has given a Flag and Pole Break Out... Looks Good... Stop Loss 1801....
Kotak bank ... another one looks good to accumulate and solid steady ... chikou is free and it is also forming a new darvas box ...
Reliance ... all parameters on Ichimoku looks bullish... just look at the upward slope of future kumo... and the higher bottom formation... all clear for a new ATH
Titan on Ichimoku looking strong... at the support, C Clamp squeeze over, chikou span free, future kumo bullish. Weekly at kijun support ....a good entry on dips or here ...
Titan has not remained below the 50 EMA for more than 9 weeks in last 3 years... it once again tested that line..now ready to take off..gold prices oozing benefit the scrip...
Vedanta moving in a range for sometime now ... Pullback to 152 possible ... but bullish only above 155... keep a watch ...
Tata Steel has a Harami pattern ( not an exact textbook style) at its low... looks like a pullback to 365, beyond which it may turn bullish too...
Nifty Midcap is also below the 10 year Trendline. SIP it as much possible. A bullish view is only above 18K and above that it may blast to ATH sooner. The wait is longer but it should be worth it.
Nifty Small Cap Index has broken a 11 Year TrendLine. 5100 crucial and if it slips it can go to 4590 also. So be prepared to SIP more in Small Cap Index Fund. Make it Large as once it bounces it will be sharp and will last for another 11-18 months. The Current small cap massacre is the longest period of breakdown.
TCS has formed a C Clamp on Ichimoku Daily .... entry can be made on hourly chart around 2070... a good to go till 2135 resistance ....
TCS looks like a C clamp formed on daily. A good entry can be made on hourly around 2070 for 2135 .... note that it has a strong kijun resistance... so carry your trade accordingly
Mid caps attempting to break 4 year EMA .. Looks like a early stage monthly fractal formation...if it breaks two moths consecutive, this will be a mother of all rallies in mid cap...
Mid caps attempting to break 4 year EMA .. Looks like a early stage monthly fractal formation...if it breaks two moths consecutive, this will be a mother of all rallies in mid cap...
Small cap index is down still below the Mukti year trend line... need another 300 points more to come out and sustain....See the beauty of Dojis reversals at most bottoms...
Nifty crossing the 15 EMA last friday and today broke out of the downward trendline too.... It held the 10920 level well... Now the next levels are 11050 and then the toughest 11150... Let us see...!!! Now Till it breaks down 10920-900, the range between 10920 - 11150 remain intact... !
Nifty Daily... Interesting candles Learning at Key levels - Close to theory... What learning ...
Nifty Daily... Interesting candles Learning at Key levels - Close to theory... What learning ...