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Showing posts from April, 2021

Technical analysis of Equity stocks on 30th April 2021

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ICICIBANK forms Evening Star candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares Book Profit POWERGRID forms Piercing candlestick pattern The pattern appeared at the bottom of the downtrend. This indicates the stock likely to go up. Better to accumulate Accumulate JSWSTEEL forms Bearish Harami candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares Book Profit COALINDIA forms Bullish Engulfing candlestick pattern The pattern appeared at the bottom of the downtrend. This indicates the stock likely to go up. Accumulate BPCL

OverBought and OverSold stocks on 29th April 2021

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HCLTECH is in OverSold region RSI value of last 14 days (18.74) is less than 30. This indicates OverSold region, So now look for Buy opportunities Buy JSWSTEEL is in OverBought region RSI value of last 14 days (83.64) is greater than 70. This indicates OverBought region, So now look for Sell opportunities Sell BRITANNIA is in OverSold region RSI value of last 14 days (18.29) is less than 30. This indicates OverSold region, So now look for Buy opportunities Buy LTI is in OverSold region RSI value of last 14 days (20.66) is less than 30. This indicates OverSold region, So now look for Buy opportunities Buy IDEA is in OverSold region

Technical analysis of Equity stocks on 29th April 2021

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HDFC forms Dark Cloud Cover candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares Book Profit BHARTIARTL forms Dark Cloud Cover candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares Book Profit ASIANPAINT forms Dark Cloud Cover candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares Book Profit SHREECEM forms Dark Cloud Cover candlestick pattern The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Be