Charts for the Day

[khurshedmanjra]

Anilji,

Your views on Suven Lifescience ?
It seems to be breaking out of horizontal channel range 160-225
The 50/200 dma crossover known as Golden Crossover occured in
June 2018, showing its effect ? Simultaneously there was a Hidden
Bullish Divergence too.

 

[anil_s_trivedi]

Anilji,

Your views on Suven Lifescience ?
It seems to be breaking out of horizontal channel range 160-225
The 50/200 dma crossover known as Golden Crossover occured in
June 2018, showing its effect ? Simultaneously there was a Hidden
Bullish Divergence too.

Yes stock in uptrend trading nicely above key averages...The rise in early june was with above avg volumes and fall thereafter was on lower volumes...
Positive on stock for longs, for short term weak below 215 levels...while conservative investors can hold till 205-210 levels...

 

[ravi2126]

Wishing you all HAPPY GURU PURNIMA....this THREAD gives me a lot....Thanks a lot again for this wonderful thread @anil_s_trivedi ji... Actually ur teaching give me one direction how to look at charts...pls keep blessing us

 

[anil_s_trivedi]

Axis bank on monthly charts consolidating big time...as of yesterday close the chart is in good shape poised for upside...today it opened gap up and moving down....it will be weak below 525-530 levels...Todays monthly closing would get some clues for next lap...

 

[ravi2126]

Dmart

 

[anil_s_trivedi]

Nifty completed triangle target today...But cup with handle pattern still on...lets see...
Todays volumes still not there on NSE site...if volume is good above avg then bulls need to cross todays high sooner else the sideways possibility exists here...

 

[khurshedmanjra]

NIFTY.......could 11263 be the short term trend line support ?

 

[timepass]

NIFTY.......could 11263 be the short term trend line support ?

Maybe it just wants to fill that gap around 11200

 

[anil_s_trivedi]

Although not interested nor invested in US stocks charts but this is beauty...Amazon the great vertical rise... $AMZN

 

[trendtrade]

Although not interested nor invested in US stocks charts but this is beauty...Amazon the great vertical rise... $AMZN

Yes Sir, what a vertical rise !
Infact this stock's up move has made its owner - the richest person on our planet.

Wondering what would happen next ....

Best regards