Anniversary date move can be expected in this script tomorrow(26 May) and also break out of weekly 50 SMA in few days. Keep an eye on this.
Formed a nice setup BO and retest done Looks good above 38. Volumes are being seen and an initial purchase can be done with a small quantity
Deepak Nitrite: Weekly candle entering 1/1(blue zone) and verticle 0.618 level with a bang and there by crossing Weekly 50 SMA too Resistances and supports are marked on the chart
Has given a BO out of the box and RSI strength is in the bullish zone Targets are marked in the targets with an SL @343
LIC - Anniversary week has given a very good move so far and at the resistance now.. Once it crossed 594, it's going to give a good move
Carborondum - SL 1196 This looks good for a swing trade More volumes are seen in the last few weeks
KEC international - Holding 0.5 level for the third consecutive week and it looks good for a swing trade Weekly RSI above 65 an MACD cross over done
Looks good above 190.. Target 1- till the marked trend line If the value is sustained,then follow the chart for the future targets.
Nasdaq - after more than a year, the Monthly candle is breaking out 20 SMA and it implies that IT shares would be benefiting of this. Strong DXY is also helping the cause.
Cord Cable looks good above 93 and targets/resistances are marked in the chart RSI has just broken the bearish zone and MACD cross over shows positive signs Risk : Micro Cap
Monthly candle breaking out of the descending wedge and RSI showing strength. MACS cross over is also encouraging.
Weekly candle BO being done and RSi and MACD showing strength Delivered good results too
After a brief consolidation, Minda corp is up and ready for a new rally forming an Inv H&S and at the verge of a BO
Will Nifty retrace after reading 0.68 levels or breakdown from here(0.5 level)?
Nifty 50 is following a trendline curve structure and breakdown of this trendline can signal a sell call. Please share your views