Nifty creating inverse head & shoulder pattern, where right shoulder is in process.
#HAL trading at major support. RSI divergence on daily time frame can be observed. HAL can start a new impulse.
#HAL trading at major support. RSI divergence on daily time frame can be observed. HAL can start a new impulse.
#Reliance trading at major support. RSI divergence on daily time frame can be observed. It's time for reliance to turn
Century textile running its v of 5. Weekly RSI running divergent
JIOFIN currently running its 5th wave up, now trading at its breakout retest zone
Nifty seems to be correcting in minor wave iv and currently trading at good support. Short term RSI has also reached in oversold zone. Nifty should bounce back from this range and move towards 25500-25600 levels which can be the last wave of this bull run.
GLOBUSSPR breaking out of a 4 year triangle with high volumes.
Nifty currently trading in 4th wave, will rise in its 5th way up which will be 5 of V. This up move can create divergence on RSI. Where we need to be cautious on index.
IZMO is trading near 17 years cup breakout retest zone with RSI divergence on short time frame. It indicates to continue its trend and move up.
ALPA can give a cup breakout, increasing volume can be observed near neckline. Will be running its 5th wave up
ALPA can give a cup breakout, increasing volume can be observed near neckline. Will be running its 5th wave up
RPTECH can give its cup breakout with its impulse 5th wave running
FINCABLES getting ready for a 5th wave up. RSI has broken out now price should follow.
Nifty looking to rise in next wave up. Nifty seems to complete its 4th of 5th wave and now ready for next impulse move 5th of 5th
According to the wave analysis, C OF 4th wave down is in progress. Poly Medicure should take support in the range of 1700-1800 and will create RSI divergence on daily charts. Then it can move the next wave up.
The State Trading Corporation, looks good to break a rounding bottom as bottom formation looks completed and good accumulation can be observed with high volumes near breakout levels
GPPL showing positive price action with a cup breakout and retest, looks good for a swing.