Stocks To Keep A Close Eye On

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talisman

Well-Known Member
Hi Priyanvada,

That was really great of you. I am just not good at charts but one alarming (?) thing is RSI is crossing 70 in case of FSL. case of overheating? whereas Balaji looks cool in terms of volume and strength it has kept showing in last few weeks.

Regards,
 

SavantGarde

Well-Known Member
Hi Priyanvada,

First Thing, To Understand The Trend, Which Is Basically Long, Medium & Short Term......As Per The Charts Medium & Long Term Is Still Intact, While Short Term Being Ok To Certain Extent....Can Have A Few Days Of Downside...Like Running Correction.....Where One Can Identify Major & Minor Support Resistances & Enter On Minor Supports While Keeping An Eye On Major Support Areas....A Lot Of Charts You Will Find Where A Particular Scrip Has Had A Good Vertical Move In A Short Time....Then It Moves Sideways With A Downward Bias To Start The Upmove Again....This Is A Classic BULL Trend....But Keep An Eye On BB....Where Extreme Vertical Moves Are Witnessed In A Very Short Time.

Practice A Little With Stock Charts & I Am Sure You Will Gain Confidence About Entries, Exits & S/Ls

While Bunny Has Been Doing An Excellent Job Of Interpretation & Even Better With Explanation & Teaching....His Explanations Will Eventually Prove To Be Goldmine....For Those Wanting To Learn


Happy & Safer Trading

SavantGarde

Big Surprise ......

Market is moving against the Whole World!
 
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