The daily chart of Marico does indicate a bearish breakdown, but it would be wise to wait for a confirmation candle. The candles have breached the manual bullish trend and has broken the support of 200 EMA but as mentioned above, it is advisable to wait for the confirmation candle. My strategy would be to sell on rise but again, there is no proper stop loss...
Daily chart of Bank Nifty Futures The Manual trend is bullish, and the candles are trading above 200 EMA which is bullish as well, but the resistance has been respected twice which makes the resistance strong one. The pattern somewhat looks like a bearish double top as of now, but nothing is confirmed yet. I cannot find any proper support above 37800 which means...
This is the daily chart of Nifty Futures, and it is confusing. There are a lot of mixed signals. Let me explain: 1. The pattern looks like a breakout of the bullish ascending triangle Bull - 1 | Bear - 0 2. Bearish divergence quite clear Bull - 1 | Bear - 1 3. The trend is bullish (refer to the trendline) Bull - 2 | Bear - 1 4. EMA is aligned properly (100 over...
Tata Steel indicates a breakout There is a bullish crossover in EMA as well.
Nifty Futures Trend in the hourly chart is bullish so the strategy is 'buy on dips'. We can buy at around 17500 to 17550 with SL of 17400 for targets of 17750+
I bought Castrol India Candles above 100 & 200 EMA RSI bullish Manual trend is bullish as well SL 95 T1 115+ and T2 open I think we may witness a strong up move in 3 to 6 months
I bought SCI Manual trend is bullish Candle above 100 & 200 EMA Bullish crossover in RSI SL can be below 110 Targets above 145
I bought Star Cement Manual trend is bullish Bullish crossover between 100 and 200 EMA (not complete) Bullish crossover in RSI SL around 95 T1 115 / T2 open
I bought IDBI Bank Candles comfortable above 100 and 200 EMA Manual trend is bullish RSI is above 50 with a bullish crossover SL below 40 T1 50, T2 70
I bought Manappuram Manual trend is up Candles are above 100 EMA RSI is above 50 Sl below 85 with open targets
I bought Heidelberg Candles crossing 200 EMA from below RSI too has a weak but sure bullish reversal Manual trend is up SL below 180 Targets above 225
I bought LTFH (L&T Fin Holding) Candle above 200 EMA Bullish crossover in RSI Manual trend is up SL 70 T1 90 T2 100 Positional trade
I bought GICRE Candle above 200 EMA Manual trend is bullish RSI has a bullish crossover. SL 120 T1 135 / T2 170 Positional trade
I bought CESC 1. Candle breaching 200 EMA 2. RSI has a bullish crossover SL 75 for T1 85 & T2 95 Positional trades