Edelweiss Financial Serv (Study Purpose)

17 feb

Waiting for a daily closing above Rs75.50 or RSI crossing level 64 whichever comes earlier. Trendline support is intact from the 52week lows. Good Q3 results, SL below previous swing lows for a ride till fib ext 1.618 levels.
Macd signal positive, histogram showing strength and macd about to be above Zero.
Strength after ADX crosses 30.

Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
I'm personally invested as per my study.

19 feb

Trade attivo

ABOVE RS 75.50 since morning showing strength.
SL stand revised to BO candle of today's low at Rs73.40
Next resistance Rs81

21 feb

Nota

Touched the minor resistances zone Rs80-81 now, Daily/Weekly and Monthly Rsi strong at 68/66/69 levels.
Macd has moved above Zero on 20th Feb 2024.
Any dip is good to accumulate.

22 feb

Nota

touched a low of Rs74.70 and then made a high of Rs80.20, it's a buy on dip.
Momentum rising. Watch out tomorrow if minor resistances crossed then new high's expected soon.

29 feb

Nota

showing strength despite broader market weakness. need to hold up above Rs75 levels orelse a temporary exit can be done due to market weakness.

1 lug

Trade chiuso manualmente