Is this Stock Having any buy Signal According to TA

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RituGarg

New Member
#1
#1
Hello Traderji and Traderji Member.

I am new to tech analysis, learning from just last 15 days , and read few article about tech indicitors and charting , that's all I know abut TA

I am searching for some bullish patterns on basis of MACD, RSI and stochRSI and volumes breakout,

can u help me

I have attached a chart of GTC India please see it and tell me whether it contains some buy signal or not , i have write some criteria on graph why i have selected this stock .

Please tell me am I going right way ??? , if not then please guide me
 

Attachments

D

desi123

Member
#3
#3
GTC Industries seems to be in a Long Term Bear Territory. Last couple of days have seen some rise despite market fall with fairly good volumes.

Personal opinion is that its still to early to have a buy on the stock. Would rather keep this on watch and buy when it breaks above 165.

-Prashanth
 
R

RituGarg

New Member
#4
#4
desi123 said:
GTC Industries seems to be in a Long Term Bear Territory. Last couple of days have seen some rise despite market fall with fairly good volumes.

Personal opinion is that its still to early to have a buy on the stock. Would rather keep this on watch and buy when it breaks above 165.

-Prashanth
Click to expand...

I am not a long term trader, Asking for just 1-5 days view
 
P

pra

Banned
#6
#6
Hi

GTC buy signal is very weak now . All technical parameters not advice to buy but advice wait & watch closely. If it is manages to clse above 175 then chances are very high to go 200level where it will face major resistance. So trading range is expected now 140 -- 170.

Thats all . Prescription for it now.
 
R

RituGarg

New Member
#7
#7
pra said:
Hi

GTC buy signal is very weak now . All technical parameters not advice to buy but advice wait & watch closely. If it is manages to clse above 175 then chances are very high to go 200level where it will face major resistance. So trading range is expected now 140 -- 170.

Thats all . Prescription for it now.
Click to expand...
:(:mad:, I am asking with keeping trading on monday tuesday in mind , This is a bear market where a trader can earn only by early entry.

Please if you are replying like a CNBC analyst then please do not reply .
 
P

pra

Banned
#8
#8
Only operator can help you. If your reaction appeared this type , in future don't expect from traderji members for help because everybody bear sentiment.
 
R

RituGarg

New Member
#9
#9
pra said:
Only operator can help you. If your reaction appeared this type , in future don't expect from traderji members for help because everybody bear sentiment.
Click to expand...
Ok man leave it , not intrested in getting reply anymore , but before replying must have read question first.

My question was not about future of GTC Ind . but my question was regrading chart of GTC ind that if RSI has came above oversold position , and stoch RSI as come just above 80 today , can it be consider as a very short term buy signal for 1-2 days for a gain of 3-5 % in keeping mind.

If No then what should be the criteria for these 2 tech indicators, Does RSI gives only one buy signal that is centerline crossover, or even what is show can be consider as a buy signal (may be weak)


But i am getting support and resistance levels of GTC IND or suggestion that can it has a bad habit of downside circuits


I logged atleast 20 times into traderji since yesterday , but was expecting some good reply.

Ok may be seniors are either enjoying weekends or may be busy in some other works So will now log in next week
 
E

eodsoft

New Member
#10
#10
RituGarg said:
Ok man leave it , not intrested in getting reply anymore , but before replying must have read question first.

My question was not about future of GTC Ind . but my question was regrading chart of GTC ind that if RSI has came above oversold position , and stoch RSI as come just above 80 today , can it be consider as a very short term buy signal for 1-2 days for a gain of 3-5 % in keeping mind.

If No then what should be the criteria for these 2 tech indicators, Does RSI gives only one buy signal that is centerline crossover, or even what is show can be consider as a buy signal (may be weak)


But i am getting support and resistance levels of GTC IND or suggestion that can it has a bad habit of downside circuits


I logged atleast 20 times into traderji since yesterday , but was expecting some good reply.

Ok may be seniors are either enjoying weekends or may be busy in some other works So will now log in next week
Click to expand...
Dear Ritu

I Think i gave u reply in my earlier post that also after seeing ur chart :)

This chart is definately having a buy signal although a little weak in nature, but see ADX , if anything positive in ADX then can trade in stock and this stock may rise upto 3 % on Monday
 
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