MONTHLY CHART OF ITC CLEARLY SUGGEST THAT STOCK HAS TAKEN SUPPORT AT MONTHLY RSI LINE , PREVIOUSLY TOOK SUPPORT IN 2008 AND 2016 ... GOOD RISK REWARD SETUP .. VIEW NEGATES IF CLOSES BELOW 240 ON DAILY CLOSING BASIS....
HEROMOTO CORP ON VERGE OF GIVING GOLDEN CROSS AFTER CORRECTION BEGAN IN JAN 2018 ...
RISK REWARD IS FAVOURABLE AND MOST AUTO STOCKS GIVING GOLDEN CROSS COULD BE A SIGNAL OF OUT PERFORMANCE OF THIS
SECTOR FOR NEXT YEAR .. IF CLOSES BELOW 2450 THEN VIEW NEGATES
MRF HAS GIVEN BULLISH GOLDEN CROSS AFTER ONE YEAR OF DEATH CROSS AND TOOOK SUPPORT FROM PREVIOUS MULTI WEEK RESISTANCE ..
IT CAN TAKE OUT NEW HIGHS IN NEXT YEAR
EICHER BROKE ITS 15 YEAR RSI LINE SUPPORT, IT BOUNCED BACK RETESTED THAT LINE AND RESUMED ITS DOWNWARD MOVEMENT AND NOW RISING TRENDLINE HAS ALSO BEEN BROKEN ON DAILY WEEKLY CHARTS.. KEEP A WATCH ....
