currently on a reversal after BOS at 11.6, while making a HH, however RSI showing losing the strength. keep an eye at trendline, if rejected likely divergence may work.
LALU seems to have broken out from its consolidation, 17.4 will be the flip point to make the counter break the structure in to more bullish! RSI seems broken as well
RCL official broken the bearish trend and made a HH. RSI has also showing a clear break. Fibs can be used to take profit!
As expected EXPO crashed until golden pocket and held on it.! RSI shows clear bearish trend without any proper sign of reversal. I have made two hypothetical paths which is possible. However Major support can be expected at 130-133 range.
As expected LIOC broke out from the last update i have done over the weekend and got rejected on point at 206.75 as mentioned above! ^ And in smaller time framers it got retested untill 201.75 and closed at 204. Likely we will clear above resistance point tomorrow. and go towards the marked resistance gradually. RSI seems to be broken out as well.. overall...
As mentioned in above chart, Cind is being rejected at marked level. But it made to breakout from a flag pattern with a considerable volume. However, Keep an eye at given resistance zone. It could still make a bearish divergence if price appreciate abruptly. Counter in Midterm looks much bullish, since its trading above most of SMAs 25>200 Green line is a...
LIOC is on a verge of a major breakout, prices are moving along the trendline with fib resistance at 206.75. RSI has broken out and currently on retest while traders taking profit out. Note that all along LIOC being above MA200 is making the counter bullish in overall trend.
Simple chart.. prices and SMAs are converging. A definite big move on the ways.. Mark your stops along lower trend line as well as your entries. have at it !
While moving below all SMA, LOFC seems having good volumes coming in at current levels. trendline supports can be seen in 5.3 and 5.0 respectively. However given the nature of the counter, below 5.0 should be the immediate stoploss for traders who takes positions at above levels. RSI shows about to breakout its trendline PS - go through the chart thoroughly, i...
RCL has broken from its falling wedge trendline (following an exaggerated divergence) and is now consolidating above SMA50, while retesting the broken trendline. Prices can come down up to 28.3 levels until it makes the next HH, breaking 31.3 (latest High). Keep an eye of long consolidation of the counter, RSI trendline breakout will likley to take the prices to...
ASI has beautifully rejected the rising wedge and managed to close above it, while forming a inverted HNS pattern. RSI has also broken the bearish divergence trendline and closed above it. Next Major resistance will be at 9600, and if prices come down, 9400-9350 (trendline resistance become support) will work as a support. Surprise rate hike of 100bps may not be...
EXPO once a major index moving counter has lost a major support (170) is heading towards its next support levels (yellow fib lines) i have used multiple fib charts to get a more accurate setup. golden pocket can be seen around 149-152 range where more buyers will rally to buy. RSI seemed to have retested and crashed before price action came in.
Retest, get set go. One of the sectors which will recover easily with ASI
One of sleeping giant, prepping for a big move. Dont forget the breakout and retest and bullish divergence
SCAP shows strength in both in MACD as well as RSI in 1hourly format (taken due to short term fluctuations) trendline resistance also has been broken.. 12.7-12.5 will be the next resistance zone for Bulls to be cautious of
CIND has been rejected from the redzone as expected and might come down slightly more before bouncing back.. 76-78 is a good zone for buyers to be interested on ! RSI shows bit more of a retest.!
PLR was trying to breakout multiple times and time it had been nicely broken out with volumes. RSI shows broken out as well.. Fib resistance are mentioned in charts. however 9.0-9.3 looks like the hardest resistances to get through. Plan your exists properly ~