3MINDIA (3M India Ltd) looks bullish and has been in an uptrend for a while. It has just crossed 60 RSI on a weekly time frame, above 60 on a monthly time frame & hovering near 60 on a daily time frame. The volume has increased somewhat in the last two weeks compared to the previous volume bars. The price has been taking support at its support level of 31000,...
OIL looks bullish on the monthly and weekly time frame. It has broken and retested 300 levels. We can see the cup pattern formation and neckline. We can measure the depth of the cup and clone it from the neckline for the target upside. Monthly and weekly RSI are above 60 and crossing 60, respectively. The monthly RSI is inclining. The volume moderately...
DMART looks bullish on the weekly time frame. It has been consolidating for a few weeks and recently broke the triangle pattern on the upside. We can measure the mouth of the triangle and measure it from the break line for the target. We can also consider an all-time high as a short-term target. Daily and weekly RSI are above 60 and crossing 60, respectively....
IOB looks bullish on weekly and monthly time frames and is moving upward, taking support on 40 RSI Highlights Increasing volume when breaking the neckline level 38 Decreasing volume while correcting the price Weekly RSI taking support on 60 & moving back up Even if we set stop loss below the previous swing low, we can comfortably achieve a risk-to-reward ratio of...
RTNPOWER popped up on RSI breakout screener results A few highlights Increasing volume when breaking the neckline level 9 There was strong resistance at level 9, failed attempts four times Rounding bottom There is no resistance if it breaks its all-time high of 13.50 RSI above 60 on a monthly, weekly and daily time frame is a vital sign Even if we set stop loss...
CESC popped up on 52-week breakout screener results A few highlights Increasing volume when approaching the neckline level 94 Decreasing volume while getting corrected Hugh volume during breakout neckline Trading at its all-time high 102 levels There is no resistance if it breaks its all-time high RSI above 60 on a monthly, weekly and daily time frame Even if...
FILATEX popped up on 52-week breakout screener results A few highlights Increasing volume in the last few weeks Trading at a crucial level of around 55 Next resistance at 58 All-time high 71.40 RSI above 60 on a monthly, weekly and daily time frame Since the next resistance is very close, it's hard to achieve an excellent risk-to-reward ratio when considered for a...
ALKEM is looking bullish. Recently, it broke the resistance with significant volume. If it retests level 4070 and continues the uptrend, it would be a perfect entry to trade ALKEM for a short position. The Monthly and Weekly RSI is above 60, which shows bullishness. Volume is noticeably increasing & stock has been in an uptrend for a longer time frame. If we...
GIPCL on a weekly time frame. It is trading at its support level, the resistance level a few sessions ago. There was volume when it broke the resistance level and was cooled down. There is no significant volume during correction time. It would be a high-probability trade if it retests the 142 level and starts climbing up. It will become weak below 130 levels. If...
JSL looks bullish and has been in an uptrend for a while. It has just reversed RSI from 40 on a daily time frame. RSI above 60 on weekly and monthly time frames. The volume has increased significantly in the last trading session. The price has just crossed the trend line but retraced back. It would be a good buy if the price breaks 480 levels with fair volume &...
NFL looks bullish on a daily time frame. It is just crossing 60 RSI on weekly and monthly time frames. The volume has increased significantly in the last few weeks. The price has been trading near its resistance level of 80. It would be a good buy if the price breaks 80 levels with fair volume & retest it. We can achieve 1:3 risk-to-reward ratio. It has been...
MMTC looks bullish on Monthly, Weekly and daily timeframes. The volume has increased significantly in the last few sessions. The price has broken its strong resistance @ 68 levels with significant volume. It had been consolidating for quite a few years. It oscillated between 10 to 60 range for a while. One can call it rounding bottom, C&H pattern. If it retraces...
CONSOFINVT (Consolidated Finve) looks bullish on monthly, weekly and daily time frames. The price oscillated between 25 to 100 price range for over 15 years. It broke the resistance of 100 recently with fair volume and retested the level. Based on its retracement, it looks like 2nd wave retraced 0.65% and crawled up for the 3rd wave. As per Elliot wave analysis,...
PNBGILTS just broke its resistance with high volume. It looks bullish on daily, weekly and monthly time frames. It would be a high-probability trade if it retests 75 levels and starts moving back up. One can quickly achieve a 1:2 risk-reward ratio. RSI: Above 60 on daily, weekly and monthly time frame Volume: Huge volume and increasing
APLLTD (Alembic Pharmaceuticals) looks bullish on monthly and weekly time frames. It is taking support on 60 RSI levels on a daily time frame. The price oscillated in the 798 to 740 range after a break out at 720 levels on July 28th. The price broke the resistance in the last two sessions with significant volume. And it is trading at its support now. It looks like...
RAMCOCEM is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a cup and handle pattern. It has broken the neckline of C&H with significant volume. If it retraces 945 levels, it would be an excellent entry-level and can trade for over...
SIMBHAOLIS is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly and weekly. You can see volume has been increasing recently. It has been forming a rounding bottom & cup & handle pattern. It has broken a trendline and retested it. It looks like its been consolidating between 27 to 32 zone. If it retraces 28-29 levels, it...
Network18 is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 77 with significant volume. If it retraces 78-77 levels, it would be an excellent entry-level and can trade for 1:4...