empirewealthtrade

empirewealthtrade

Any pullback sign could be an opportunity to enter & confirmation for a long with the volume greater than previous weeks. Red line violation will nullify the view. Act as per your risk appetite & your believe.

empirewealthtrade

Any pullback sign could be an opportunity to enter & confirmation for a long with the volume greater than previous weeks. In previous week's higher volumes are indicating large accumulation by institutions. Looks like it is getting ready for new life time high. Red line violation will nullify the view. Indian chemical industry is a beneficiary for China trade...

empirewealthtrade

Any pull back sign on weekly closing with higher number of volume average could be act as entry Point and Indusind Bank R:R Positional it could give good return in year or so. Support is just near so R:R is lucrative. Red line violation can be act as exit point This is my personal view. study your risk appetite and time horizon before acting on trade.

empirewealthtrade

HUL - 12/10/2021 Engulfing Closing 2675 enter in between 2600- 2680 Plan Your Trade :)

empirewealthtrade

2007 04th Oct . RSI was 87.05. Market Stayed up 98 days after that till 9th Jan 2008. After it gave Sharp correction(lehman brothers collapse) of 30% in 10 trading days. total correction of 64% till Nov 2008 2021 Sep, 1st time Nifty RSI touched 87 after 2007 . Just for Reference. I do not hold any view based on this.

empirewealthtrade

It looks like it is at resistance area @7500 If it hold above 7500 for 3 days with volume then only it could see move till 8700. or it will test 7200/7000 Which can be the best area to enter. It is also formation investion head and shoulder . which could give 9000 target in year . It is in Weekly up trend but this stock is underperforming Index in last 50...