khaitan chem already broke out falling wedge and retesting done factor here on higher time frame weekly trading above 20ema. there was breakout with high volume on daily time frame and seems retesting also done now showing 1hr hammer candle on support level seems chance to get lowest risk reward.
RSI showing positive move stock long term support (RSI monthly taken suport at 40 elvel RSI daily also supporting from 40 level) breakout in daily time frame done in falling wedge pattern. low risk high reward entry is there with 1:11 +
RSI showing positive move stock long term support (RSI monthly taken suport at 40 elvel RSI daily also supporting from 40 level) breakout in daily time frame done in falling wedge pattern. low risk high reward entry is there with 1:11 +
suzlong enery on demand zone at the triangle bottom with low risk high reward level. strong support at RSI 40 with trendline and forming triangle in daily time frame 1:6 potential can be long
Positive RSI divergens trendline and horizontal support line is matching daily time frame dragonfly pattern form sign of good support
Positive divergens seens in daily tf breakout in falling wedge in hourly time frame horizontal and trendline support match 1:12 risk reward easiy possible if keep
daily time frame has positive RSI divergens, Weekly CPR is tight sign of breakout triangle formed on monthly, weekly, daily tiem frame stock at the consoludation at the trendline this time is good for 1:9 RR
Important support double bottom RSI positive divergens Breakout in hourly TF wih high volume
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