With MA of 10 and MA of 50 it is possible to arrive at the fact that MA10 took the support of MA50 and crossed during the month of March and from there no looking back the candles have been well above the MA10 and
An eye can be kept on the Vadilal stocks as it has formed a Doji and a likely bullish formation is taking place and if it crosses the resistance of 1017 and breaks up then probably this stock can start moving
After a long negative trend a likely hanging man pattern was seen in the beginning of this week in Indian Metal and Ferro Alloys LTD (IMFA) and there can be a likely buy signal to be seen next week on Monday or
I thought it was an inverted hammer, since after a bearish trend having an inverted hammer as trend reversal and small consolidation phase with bullish uptrend. The point you have made has been noted and will be
An inverted hammer pattern was formed in Nestle India LTD and it is seen around third week of April around 18th and a buy signal was seen on 26th April at price 6337 with stop loss of 6284 and likely target twice
Bank of Baroda witnessed a Doji on March 23rd and a likely buy signal on 25th March with good volumes noted with a buy price of 169.7, stop loss of 157.3, and likely target by third week of April at 183.3 and
A bullish engulfing of CEAT seen in mid Feb 2017 and buy signal in the mid March at 1222.7 with stop loss of 1067.5 and likely target to be achieved by mid of April at 1377.9 and still going strong till date.
Hi EQSIS, since it was my first charting so I was still trying to know how to do a chart. However, I have taken this feedback and my other graphs have been plotted with the target, entry point and stop loss in the
Hi Vishal Rath, Sorry for the delay in my reply as I had to attend funeral of my father inlaw. You are right within 2 weeks the target is achieved and either you can exit or hold the stock in the middle of Feb.
Hi Friend, Sorry for the delay in reply. I had to attend the funeral function of my father inlaw. In fact that slight sideways movement is called the flag and that you get a pole. In fact this graph as formed with
Dear Aravind, Sorry for the delay in my reply I was attending a funeral function of my father inlaw. This graph represents a current graph and you are right that we should wait until 15000 till there is a breakout