LT just kissed the GAP today. It may come to fill. Put your order in.... 1375.... a good buy and accumulate on SIP basis... Right time is NOW...
Looks like a rejection of resistance from a price action perspective. But 1. Future kumo is bullish 2. Chikou is free no immediate resistance 3. TK crossover insight. Likely to test the Kijun Sen around 547.... if it bonces off likely to crosss 560 resistance. Daily closing basis
Nify at Crucial Level. Have attempted 5 times and bounced off the crucial levels retracement levels. What will come first now - Bounce Back till 11780 or GAP Filling till 11400...?
The chart says it all. Will credit this find to Manoj Kaushik who first intrigued me to study. What I find is that every time it has bottomed a tweezer looking candles have formed on monthly ... The return could be 2 bagger in 2 years..
Infy looks to form cup n handle on the hourly chart... note the small bearish divergence...
HCL Tech Kumo Break Out. Future Kumo Positive. Chikou Span not yet Free but price action can go up. Short Moving Averages moving up to cross Long Moving Average. SL - 1076 Can fill the Gap till 1123. Catch
The stock is about to make a Kumo Break out - Should sustain the closing and also on retest which is a possibility. The Chikou span is also making an attempt to get free. The set up looks good. One can buy or wait for a re test and then buy... Above that is blue sky.
Moving Average Crossover i.e. Short Period Moving Average Crossing Long Period... Also known as Fast Moving average crossing Slow Moving Average. In simple terms - a 9 Day MA crossing 20 MA or a 20 MA crossing 50 MA. ENTRY - Take the next trade of the cross over on close or near the close. PROFIT - As per Risk Reward you set or Ride till the reverse happens...
Motherson Sumi looks to form a Bullish Harami Candle near the bottom. It looks like to go up in few days. Keep a tab on it. Looks the pain is over for some time now.
ALL MENTIONED ON THE CHART
Is Voltas ready for a Break Out. Not sure which one should be the correct Flag and Pole. Learning, views invited.
As per Chart sent to somebody who wanted to be aggressively buy Infosys.
ENTER AROUND 1670-80. RISKY TRADE AS TRADING NEAR ALL TIME HIGHS. REST MENTIONED ON THE CHART.
A high Risk Trade can be tried with stricter SL, All mentioned in the chart. Since it is in the uptrend so one can wait for 1670-80 for an entry.