As can been seen the price has come off from a double bottom on weekly basis. Also a massive uptick in AD line whereas price is in the same range. This means smart money has entered the stock and is ready to go up. Happy trading / investing Best Regards Shamoil
Advised to keep a strict SL below senkou B on closing basis. To be honest not a great setup from ichimoku elements perspective but still its worth a shot. The price is in sync with Nifty 50 and is moving in range similar to the benchmark. Happy Trading / Investing Best Regards Shamoil
Buy gold stone at CMP till 16 with a SL at 13.5 for short term. the weekly resistance is at 20-25 range. There is positive divergence with Nifty 50 and higher moving AD line. No resistance from ichimoku elements. Happy Trading / Investing Best Regards Shamoil
Buy CMP with SL below Kijun. As can be seen the price has entered the cloud and would be eager to test whether it can move above the cloud. Nonetheless there is a good RR available at CMP till the price touches the Senkou B in 20-22 range. There is a massive uptick in the AD line, and stock price is at a level above nifty 50, since its major top and positive...
As can be seen on weekly chart the price has crossed above tenkan sen and there is flat kijun which attracts price towards it. So its good for short term price till price reaches the tenkan. Also there is an uptick in the AD line which means smart money is flowing in. Happy investing / trading Regards Shamoil
As can be seen on weekly basis there is no obstruction for price to reach higher levels. The 200 day EMA is at 29 and the price will face some resistance at that point. The stock can be accumulated at CMP till 12.90 and SL of 12.5 for medium term to long term. There is an uptick in the AD line which shows smart money flowing in. There is a positive divergence with...
As can be seen the price has reached previous resistance turned into support. The stock can show a reversal from here as seen in an uptick in AD line whilst the price is moving down. there is no positive divergence with Nifty 50 and performing worst as index has moved sideways the stock has moved down further. The stock can be bought for short reversal till it...