taken support from main trendline and breaking falling wedge pattern RSI above 50 showing future strength
ICICI bank already given breakout of weekly resistance currently at daily time frame resistance once broke out we could see next FIB level as market promising for bullishness after breakout and retrecement i feel it can be long with safe SL of retest support level.
my view on PITILITE to get in to go long at the trendline as per given limited rist of last swing/trendline breakdown. RSI 40 on support daily timeframe and last day green candle gives long singnal DISCLAIMER: above is my own personal view only for study purposes.
trading at support on trendline main support of triangle dynamic support RSI is on 40 and sustaining recent three candles made morning star pattern which is indication of bullish sentimentness
Stock is making triangle pattern and currently trending near dynamic support line wiht positive divergance of RSI felt right moment to get in
RIL is on resistance on daily time frame, tomorrow CPR will be so tight if broken below the previous swing low it can be short for retracement. can see lower levels
RSI daily 60 still far which can be target alogn with next fib level
script taken support from 60 level of RSI and already given breakout from triangle /flag and pole pattern upside target could be next Fib level as pl on chart with breakout candle lower level as support. I am not sebi registered : all posts are for study only. :)
PETRONET long breakout from last swing high on daily tf breakaout from falling wedge trendline RSI tradinb above 60 on daily TF Breaking H&S in daily tf
CIPLA weekly time frame already seen bearish candle,,,, RSI in hourly pattern rejecting 40 level... swing support of 1081 broke it may touch 1002, 964 level fib retrcmnt 0.786
CIPLA broke the trendline RSI 50 level is failed in hourly time frame it may test lower fib level before its higher tf retracement complete
tata steel is broke the falling wedge pattern bullish marabuzu & Engulfing in weekly time frame it can run till Weekly tf resistant
Hind petrol is breaking H&S pattern and also taken support from main support zone 223
given breakout from H&S with strong RSI it has to break 55.85 fib level of 0.382
EROS MEDIA Breaking triangle pattern with high volume RSI alreasdy showed positive diversions in weekly and daily time frame at good support
Wipro broke falling wedge on daily TF also RSI above 60+ on daily weekly taken support from 60 level its good time to get in
Cup handle breakout in BHEL it is on bullish zone now onwards RSI retested 60 level
if bnf sustain down 41500 we may see 41000 today as per my study