* Price Was Trending Downwards And Making Lower Low's . * Price Made Its 1st Higher Low And Brock Last Lower High . (First Indication ) * RSI Giving Positive Divergence With Price Action .( Second Indication ) * Last Day Candle Was A consolidated Candle . ( Indecisiveness of Buyer And Seller ) # I Am Expecting A Drop Around 290-275 (Fib 0.5-0.618) Zone . ...
Overall Downtrend Price On Its Trendline Resistence . Price Consolidating . Rsi Negative Divergence Short Below 521 Sl:- 547.75 T1 :- 493 Happy Leaning .
Price Is Consolidation B/W Triangle and Range Is Getting Shorter . If Price Breaks UPwards With A Bullish Candle Pattern . It Will Go Up. When Range Go Short Like this And Price Consolidate Between Triangle And Gives A Breakout Or Break Down It Bust .... Manage Your Risk With Your Risk Appetite . My Suggestion Keep a SL From Where Price Rejected Last time...
Price Is In Demand Zone . Swing Retraced 0.618 And Taking Support . Buy Above 161 Sl :- 154 , 151.5 Target :- 167 , 180
Range Breakout With High Volume . RSI Also Broke Last Swing High (Indication Strong Upside Momentum ) Buy Initiate Above :- 145 Sl :- 135 Target :- 170
VINATI ORGANICS Break out TRADE . BUY Above . 988 SL :- 950 Target :- 1112 , 1132 , 1154
Breakout Of 66800 With Bullish Setup(Candle & Volume ) Can Take it to 68300 to 69000 .
Relaxo Daily . Pull Back Trade ( Retraced 0.618) Buy Above :- 675 SL :- 645 (1), 625 (2) Target :- 745 , 825 , 885
Flag Breakout IN Bharti Airtel Buy Above 585 .
Closing Above 1400 With Bullish Setup (Bullish Candle With Justified Volume Bar ) Can Take It to 1515,1540,1570 Levels
Contraction After Expansion ( Setup ) ADX Trending Volumes Dried Up . Buy Above 135 ( Bullish Candle with Volume ) (Add More Above 146 )
On Higher time frame its in Up Trend . On Daily Support Levels . 15 Min Showing Strong RSI Divergence . For Aggressive Buy Above 450 With Sl of 442 , Target :-460 For Conventional :- buy above 455 , sl :- 439 , target :- 469-474
After A Bull Rally Price Retraced 0.618 with low volumes ( shows Sellers dont have strength ) Buy above 71 , 73.2 SL:-67,62(Long term ) Target :-82-87 ( Can Give Bigger Targets Also for long term ) TRAIL YOUR SL .
Above 545.75 Will Be A Buy For Swing Trade
VOLTAS 1 DAY , ANALYSIS * While Retracing Volumes are Dried Up (Indication Sellers Don't have Strength ) If Break 566 With Volumes And A Bullish Candle ( Flag Breakout ) Buy :- 566 SL :- 536 Target :- 619 ( 1:2 Aprx) Swing Targets :- 635-665
Overall Sideways Trend Formed Inside Bar ( 6 ) Breakout Above 1385 SL :- 1340 ADX :- Above 25 +DI Above -DI
Overall Strong Uptrend Move . Previous 6 Days Price Stucked In A Range Formed Inside Bar 5 Candle Close In It . ADX Above 25 +DI Above -DI Buy Above :- 4080 (Aggressive) , 4128 (Conventional ) Sl :- 3950 Target :- 4310-4390 Trail Your Sl And Try to Ride the Big Rally . Happy Trading .