BYKE is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels daily, weekly and monthly. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 46 with significant volume. If it retraces 49 levels, it would be an excellent entry-level and can trade for 1:4 risk-to-reward ratio.
SEPC is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels daily, weekly and monthly. You can see volume has been increasing recently. It has been forming a rounding bottom and cup and holder patterns. If it retaces 15 levels, it would be a good entry-level and can trade for 1:4 risk-to-reward ratio.
RTNPOWER is looking bullish on weekly and monthly time frames. It has crossed 60 RSI levels on monthly and weekly time frames. You can see volume has been increasing recently. It has been forming a rounding bottom pattern. It is steaming off at 7 levels & getting ready for the next upside move. One can trade for 1:2 risk-to-reward ratio with the current scenario.
VASCONEQ looking bullish. RSI is above 60 on a monthly, weekly & daily time frame. There is a significant volume that can be seen recently. It has been forming a rounding bottom or Cup pattern. Recently, it broke the resistance level with good volume. If it retests the level, that would be a good entry point.
DBSTOCK looks bullish on the monthly time frame. It has been forming a Cup and handle pattern and is ready to break its neckline. RSI on the monthly time frame has already crossed 60 and is about to strike 60 on the weekly and daily time frame. Volume is increasing gradually. Even if it hits our 2nd target, we can achieve over 5 risk-to-reward ratio. One can hold...
Tata Teleservices (TTML) looks bullish on a day chart for a swing trade. It has been rounding the bottom and is ready to skyrocket. If the trend continues, we may see 100, 115, and 130 levels shortly.
HCC looks bullish on monthly, weekly and daily time frames as it is above 60. Also, it has formed a cup and handle pattern. The handle is much smaller than the Cup. But, there is a rounding bottom pattern, a sign of bullishness. The volume was high when there was upward price action and little when retracing.
MGL has recently moved closer to its resistance level of 1125. Significant volume as the price approaching the level. It would be a high-probability trade if it breaks the resistance with volume and retraces back to its support level. We can enter the trade for 3.5 risk-to-reward ratio. Also, it goes unnoticeable that it has been forming a cup and handle pattern....
AIRAN looks bullish on monthly, weekly and daily time frames. Recently, it has broken resistance zones 25.50 to 26 with high volume. If the price retraces back to its support zone, which was previously resistant and shows a bullish moment, that would be a good entry point. If price action shows bullish momentum, we can trade for a 1:5 risk-to-reward ratio. RSI :...
IFCI looks bullish on daily, weekly and monthly timeframe. It is making rounding bottom which recently touched its resistance with humongous volume like we can see back in 2007. It has already broken the resistance levels with volume. If you see price goes up and retrace back to touch the support level, it would be a good entry point. It may also retrace back from...
HUDCO is trading at its 52 week high at its resistance. It looks bullish as per price action and volume. If it breaks 90-85 zone and retest it, it would be a good entry point. We may a small down side move or side ways move for a little while. It can reach 150 levels if it goes in a way as described above. RSI : Above 60 on monthly, weekly & daily time...
Bank of India is looking bullish on monthly, weekly and daily time frame. Chart Pattern : Cup and Handle RSI : 60 monthly, weekly & daily Volume : increasing Target : Depth of Cup Stop Loss : Previous Swing Low It can be trailed as prices move upward
Axis Bank is trading at its 52-week high and all-time high. There is no resistance on the upper side. Volume is increasing. The relative strength index is above 60 daily, weekly and monthly. The cup and handle pattern is visible. If the prices retest the neck level, 987 - 985, it would be a good entry-level with a target level 1045. We can achieve a 4...
Central Bank Of India looking bullish. One can clearly identifies Cup and Handle pattern on weekly time frame. If we measure the cup depth, it would be the target on up side which is 65.50 in this case. Very small stop loss with high risk reward ratio over 6. One can stretch the stop loss below previous swing low. RSI is above 60 on daily, weekly and monthly time frame.
DISHTV long set up If the prices cross 21.50 levels that would be the entry point with stop loss @ 16.30. With target 39, we can achieve over 3 risk reward ratio. RSI has been hoovering above 60. It looks like it has been making ascending triangle.
NIFTY on 75 mins time frame Retraced a little more than 0.5 on Fibonacci levels If you compare two bottoms around 19320 levels with the relative strength, one can easily identify a bullish divergence. If NIFTY breaks the trend line we can see upside move 19680 19770 19900 If it dose not sustain 19480 levels we may see downside move
IDBI is looking bullish on Daily and Weekly TF. It has surpassed 0.382 % on fib retracement, which shows strength. Also, it has crossed its previous higher high (55 Levels). RSI is above 60 and inclining. We may see 90, 115 & 150 levels if it continues the uptrend. A stop loss order can be placed below 42, the previous swing low.
RAIN looks bullish on a weekly time frame The 0.65 retracement looked to be done last year in June with low of 128.60, since then it has been consolidating in a certain price range. Recently it has crossed its previous higher high with RSI inclining above 60. If it is starting of 3rd wave the n we may achieve 1st 3 targets in no time. It would become weak below...