Macd is a tool surfacing itself with histogram showing volume strength and the emas line 12 and 26 giving you a buy and sell signalIf 12 crosses 26 up (buy)If 12 crosses 26 below(sell)
No The nifty 50 doesn't provide a favourable risk to reward ratioTake put at 24900 much stronger resistanceFavourable risk reward ratioChances of stock taking rejection at 24770 (low)You can take a little riskIf you want
Rule : When a company issues split or bonus Retailers start buying stock of specific company leading to a huge jump in prices in just a short period of timeExcessive volume comes in But here you should note one thing that volume didn't exitSo now there is excessive ...
@abhisheksharma2208 reliance powerThe share is at all time highBut I see momentum going onI would recommend you to book 60 percent profitAnd wait with 40 percent as 77 marks resistance63 marks support
@anshu1991 if you have any other stock related doubts feel free to askI believe things are going good
Stock : Tata TeleTime frame : Weekly and Daily (Analysis)The stock has broken it's downward channel with high momentumThe stock currently is retesting it's 200ema If price shows momentum for next few days target : 89.20Target 2: 107Also average the position Stay invested...