gregferns

gregferns

NMDC – Daily TF Downward wedge breakout possible. If happens then favorable RR for an upside movement from 222 onwards. SL of 200 will be good for looking towards 270 levels. RSI divergence did take place and confirmed also. Substantial volumes are the only thing missing. Disclaimer – I am not a SEBI REGISTERED person or analyst. I am not responsible for anyone’s...

gregferns

NMDC – Daily TF Downward wedge breakout possible. If happens then favorable RR for an upside movement from 222 onwards. SL of 200 will be good for looking towards 270 levels. RSI divergence did take place and confirmed also. Substantial volumes are the only thing missing. Disclaimer – I am not a SEBI REGISTERED person or analyst. I am not responsible for anyone’s...

gregferns

ADANI POWER – CMP 670.20 as on EOD 2 sep 2024 RSI breakout has taken place. Stock has seen upsurge with sizeable volumes exactly from oversold region of RSI. Same zone is also a good demand zone. Now need to see if Adani power has the strength to cross the downward trendline and breach 700 levels to reach 740 / 800 / 870 levels and above. Disclaimer – I am not a...

gregferns

2 sep 2024 - CORAL INDIA FIN & HSG A good trendline breakout with good volumes. RSI breakout already happened. Above 75 can see 80 / 90 / 115 Let's wait and watch. DISCLAIMER : I am not a SEBI REGISTERED analyst etc. I am not responsible for anyone's gains or losses. I am doing this only for my studies and learning.

gregferns

DEEP ENERGY RESOURCES - 2 sep 2024 A good breakout with heavy volumes. Above 267 can see 307 and 347 But it will be better if there is a retracement to 237 levels. Disclaimer : I am not a SEBI REGISTERED person. I am not responsible for anyone's gains or losses. I am doing this only for my studies and to learn technical analysis.

gregferns

2.sep.24 - HOV Services Ltd. Good breakout after more than 5 years. Good volumes at breakout on Friday 30th aug 2024 and continuing. RSI above 71 and Weekly and Monthly RSI also above 65-70 Looking to see this stock touch the next levels marked in orange lines. Disclaimer :- I am not a SEBI REGISTRED person. I am not responsible for anyone's losses or gains. I...

gregferns

2.sep.24 - HOV Services Ltd. Good breakout after more than 5 years. Good volumes at breakout on Friday 30th aug 2024 and continuing. RSI above 71 and Weekly and Monthly RSI also above 65-70 Looking to see this stock touch the next levels marked in orange lines. Disclaimer :- I am not a SEBI REGISTRED person. I am not responsible for anyone's losses or gains. I...

gregferns Updated 

#MPHASIS Looks very good for a sh ort term swing trade. Strong Bullish engulfing. If it gets confirmed by another green candle closing above closing of 14th march, (and if crosses the zone marked around 2500 levels then can reach targets marked as red lines. RSI also has come up from below 30 and is now around 40 levels. RR not very good right now but if it...

gregferns

RVNL - Daily TF shows a breakout with good volumes. Also a Flag and Pole breakout. RSI above 60. Good RR for entry around CMP. Safer entry will be above ATH so around 650 levels Strict SL of 545 on closing basis. Target will be Flag Height giving a good RR. Standard disclaimer : I am not a REGISTERED SEBI Analyst. I am not responsible for anyone's losses or...

gregferns Updated 

Good to go long in Asian paints - looks like turnaround. Taken support at long standing demand zone. Upside move possible till highlighted supply zone. Disclaimer : I am not a registered SEBI analyst or researcher. These ideas are only for education. I am not responsible for anyone's losses or gains.

gregferns

8.1.24 Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Interesting setup in Bandhan Bank on Weekly TF. Possible reversal on the cards with an out below the supporting parallel channel trend line. If it goes upside then potential resistances are marked. Let's see.

gregferns Updated 

Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. SBI - very well poised for an upmove. Good trend zone support with multiple previous interactions at this zone. - Reasonable RR and small SL also. BUT if it breaks and goes below than can be a Head and Shoulders pattern also.

gregferns Updated 

Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Glenmark Pharma Good for possible long upside for 1 : 3 RR SL of 20 rs. Swing highs mark the upside resistances and trendline zone is acting as support.

gregferns

On weekly TF Retest of a consolidation range breakout which has lasted for a year. possible upto 1:3 RR SL Targets mentioned. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.

gregferns Updated 

15.6.23 - 5 pm Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits . Analysis - On daily TF 1. Has closed below rising trendline, so looks like a breakdown. 2. Has closed below 200 EMA 3. Seems to break lower trendline also. 4. RSI also is heading towards oversold zone. Lot...

gregferns Updated 

16.6.23 - EOD 9.30 PM Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. ICICI Bank Observations on daily TF 1. Flag and pole formation 2. Flag breakout can happen in near future. 3. Inside bar candle formation on last 2 candles 4. If breakout happens on upside then...

gregferns

Broken rectangle sideways movement zone. IF breaks on 14th mar 2023 then possible towards 1540. Will check for a BEAR PUT SPREAD for entry.

gregferns

Bullish Engulfing on Daily TF. Hoping for a breakout from the trendline to reach towards the target zones marked with red lines.