M&M: TREND positive
However, hourly charts are indicating a sluggish bearish divergence.
Looking at the previous two instances, it indicates a RANGE bound price movement for the next 1-2 weeks atleast.
#Mahindra #Auto #Technical #chart #StockMarketindia
More from Kunal Bothra
For all TA lovers..
A basic and compressed learning on Fibonacci Ratios
A basic and compressed learning on Fibonacci Ratios
It's called the #Fibonacci sequence, but its origin was in India around 200 BC! Here's how you can use it in the equity market@kbbothra #BNSNPathshala #StockMarket #Nifty50 #StocksToWatch pic.twitter.com/OuGbU4DgrC
— ET NOW (@ETNOWlive) June 3, 2022
And here it is:
The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation
Perfect TA chart.
All boxes ticked !!
Do comment, like and share !!!
#DRREDDY https://t.co/4JGg71GenE
The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation
Perfect TA chart.
All boxes ticked !!
Do comment, like and share !!!
#DRREDDY https://t.co/4JGg71GenE
Today at 2 pm:
— Kunal Bothra (@kbbothra) July 5, 2022
I will bring to you one of the SUPER FINEST TECHNICAL CHART setup on a largecap name.
Agar yeh nahi chal paya toh kuch nahi chal paayega\u2026
Retweeet tsunami has to come for this one\u2026 #stock #breakout #technical
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I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹
I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):
The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹
Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹
References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):
The famous \u201cLucy\u201d, an early ancestor of modern humans (Australopithecus) that lived 3.2 million years ago, and was discovered in 1974 in Ethiopia, displayed in the national museum in Addis Ababa \U0001f1ea\U0001f1f9 pic.twitter.com/N3oWqk1SW2
— Patrick Chovanec (@prchovanec) November 9, 2018
The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹
Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹
References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹