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Swing Call Analysis for 19th April 2021

swing-call-analysis-for-19th-april-2021
Swing Call Analysis for 19th April 2021
swing-call-analysis-for-19th-april-2021
Swing Call Analysis for 19th April 2021

COMMENTS:

RSI: RSI ia at 69 levels and about to enter the overbought zone. Stock still looks bullish. Risky traders can take a trade at given enrty price.

Moving Averages: 5 SMA has crossover Bollinger Bands 20 SMA Band. You can keep the 5 SMA Line as trailing stoploss once target achieved.

Bollinger Bands: Stock is trading between upper bollinger bands and 20 SMA Band. It can run the upper bollinger bands. Stock can experience a Bull run and cross its 52-week high.

Volume: Volume is consistent and above average.

Breakout: Stock has recently given a breakout from a range bound trading. Stock has successfully converted the past resistance as support.

 

swing-call-analysis-for-19th-april-2021
Swing Call Analysis for 19th April 2021

 

swing-call-analysis-for-19th-april-2021
Swing Call Analysis for 19th April 2021

COMMENTS:

RSI: RSI is at 71levels and has entered the overbought zone. Stock still looks bullish. Risky traders can take a trade at given enrty price.

Moving Averages: 5 SMA has crossover Bollinger Bands 20 SMA Band. You can keep the 5 SMA Line as trailing stoploss once target achieved.

Bollinger Bands: Stock is trading between upper bollinger bands and 20 SMA Band. It can run the upper bollinger bands. Stock can experience a Bull run.

Volume: Volume is consistent and above average.

Breakout: Stock has recently given a breakout from a range bound trading. Stock has successfully converted the past resistance as support.

Nifty50 analysis
swing-call-analysis-for-19th-april-2021
Swing Call Analysis for 19th April 2021

COMMENTS:

  1. Nifty remained ranged-bound throught the session on 16th April, 2021. Nifty, after opening higher at 14,599.60, made an high of 14,697.70 and low of 14,559.
  2. Nifty 50 finally settled with 36.4 points gains at 14,617.90. On daily charts, before signing off the session, Nifty ended with a DOJI kind of indecisive candlestick. On weekly charts too Nifty ended the session with a DOJI candlestick, indicating neutral view.
  3. Market is clearly trading in a range. Nifty needs to break 14,700 levels too develop a fresh uptrend. On the contrary, a close below 14,300 can indicate bearishness.

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We at Tstock Mantra Investments by Amruta Tushar Ghone provide complete Financial Planning for an individual i.e., Mutual Funds, Insurance planning, Retirement planning, and so on.
Read more such informative blogs on our blog page, and enhance your financial knowledge. To join our free telegram channel for valuable information, https://t.me/MMTC123 .

 

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