jagdishonglobe

jagdishonglobe

As we can see in chart, Voltas is trying to breakout through the resistance zone. It already broke the trendline. Volume is not as much as good as it should be but still I hope it will go to 840 levels. Lets see. The content provided is for educational and informational purposes only.

jagdishonglobe

Hindalco is continuously making HH & HL and recently broke out long awaiting trendline. It can easily go to 500 levels. The content provided is for educational and informational purposes only.

jagdishonglobe

Jubilant Foods is making cup & handle pattern and already broke the trendline with good volume. We can see an upside move from here till 520 and then 560 level. The content provided is for educational and informational purposes only.

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As we can see Indian Hotels is in process of making H&S pattern (DTF), if it breaks below the neckline with a good volume then it can go to the given targets in the chart. The content provided is for educational and informational purposes only.

jagdishonglobe

Laurus Labs Ltd. is in making of rounding bottom (or cup&handle pattern), already crossed 200EMA. Volume is good and RSI is also in positive mood. lets see what happens next. The content provided is for educational and informational purposes only. PS: It increased during the time I wrote this idea.

jagdishonglobe

On weekly timeframe, we can see evening star which is bearish and along with that RSI is showing bearish divergence also. MACD has also formed bearish crossover. All these signals are showing weakness in L&T. May go down to 2050 if it breaks support which is around 2180 (daily timeframe 100 ema).The content provided is for educational and informational purposes only.

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Bullish morning star candlestick pattern is formed as monthly candle ended and in weekly timeframe we can see bullish divergence in RSI which is a good sign to go long with Gujrat Gas but first it has to break 526 resistance after that we may see 576 & 610. This is just for educational purpose. The content provided is for educational and informational purposes only.

jagdishonglobe

I am new to charting, just publishing the ideas to improve myself and in pursuit to a successful trader life. As we can see here Kotak bank cant break the 2150 level and comes back every time it touches. RSI is also making bearish divergence. Each time it touches the 1650 area, the support becomes weak and apparently it will fall. And of course as I wrote above,...