Some MACD Buy Signals

After 3/4 months of correction many stocks have started generating MACD buy signals. A small list of buy signals generated on 22/08 on basis of MACD & 13/5 EMA.

R Capital Trendline Breakout

A falling trendline breakout. If sustains above 571 (SL 550), it can target 590, 620.
It was a sell 2 days back due to range breakdown. It has swiftly come up. Can be a good bet above 571.
SL can be placed at 560.

Some Range breakouts of 21/08/14

Some Range Breakouts of the day

The above is only for purpose of study. These are not recommendation to BUY/SELL. Do your own study before taking any action.

TataSteel, Rel Capital

Tata Steel seems to have bottomed out. Buy with SL of  530. Target 600+.
Rel Capital can also be bought. Sl day's Low.
Time period 3-4 months.

Similar opportunities are possible in SBI, Hindalco, IDFC, Jain Irrigation, Torrent Power and host of other stocks. 

LT +WW

Another +WW on LT hourly charts. Target around 1700+. SL 1470.

Sintex +WW

Sintex +WW formed. Target around 110+. SL 80.

TataSteel Trendline Breakout

Bought TS at 555 on Trendline Breakout.
2.50 P.M. Took profit @559

BN, Hindalco double top

BNF & Hindalco made double tops and could not sustain above the previous highs. Shorted below failure to sustain candles (BN 15350) and took profit at resistance near 15220.

Hindalco Aug Future 5 min Chart

Today BNF trade stopped out due to tight stop loss.
Missed earlier oppertunity to short Hindalco at 188 on IR(initial range)  BOF(breakout failure).
Bought at BPB @187.25, and took profit early at 190.5 at closing hours.
Decision to buy was prompted due to size of candles during correction from days' high of 189.30 to 186. The candles were small. The correction took more time than value. It was bouncing from a 61.8% level of previous rise from 184.3 to 189.3.

BNF Aug

BN Aug Future 5 min chart. Bought on greeen candle close above pivot at 15296.
Initial SL at 15210, revised to 15240, then trailed to 15280.
Took profit at 15360. Gain 64 points gross.
Went above the green line. Now waiting to short below this line @15360. 

1.20 P.M.: Revised trigger for short to 15390. 
1.55 P.M.: Took Profit  @15310

Total Profit for the day 64+80=144 points.