What is RSI negative divergence? Negative divergence happens when the price of a security is in an uptrend and a major indicator such as relative strength index (RSI) heads downward. Price has fallen almost 25% from all time high levels, it has given breakout from the falling trend if sustained can make a new all time high but first price has to clear ₹ 206 levels.
NSE:SUNPHARMA I had provided a trade setup of SUN PHARMA for 12-08-2021. But trade was never get activated as it didn't came to level as per our trade setup. I have provide the link of that trade setup in the link at the end of this. So if you keep just the levels from that trade setup even on 13-08-2021 then How you could have made trade in SunPharma on...
Look for Low risk, High reward, and High Probability setups. – Richard Weissman Scenario Many traders get destroyed by fighting the trend, insisting that the market is due to reverse itself or they try to chase the market. They may try to catch short-term countermoves in hopes of making a few quick points, or they may always look to catch tops and bottoms in...
We can see the script getting rejected at the level of major resistance on multiple occasions. The recent long green candle at this resistance level was considered a good breakout by most traders. Points in favor of a pullback, The breakout candle was followed by a bear candle of decent size. The follow-through from the breakout candle is not good, indicating...
How to ride Stocks for 100% without FOMO. I have been trying many things and sometime I get success and sharing same with you all.
when the price breaks the resistance then go for long...
The analysis i posted 2 days ago have been correct! The target was received few hours ago. Follow for more! ALL THE BEST!
Broke every levels from where it should reverse. I kind of think it should come to 155/145 levels with an strict sl of 171. Risky trade!!
Ascending triangle and rising wedge both together. Buying emerges between 23.6 to 38.2 fib level. TCS Stock used as an example. Its q1 result also out so no more volatility at present. Since stock is large cap and liquid so pattern study will not effected due to less liquidity or operators play.
it appears it may over come it today. when nifty is bullish if only bank nifty contributes then nifty may reach much higher levels. please wait when it breaks the trend line. don't forget to like my post. follow me to get updates
Sharing the chart to provide the insights of jubilant foodworks ltd. I am always trying to help retail traders. Things need to consider for trend analysis. 1. Market structure and trend analysis. 2. Entry point 3. Confirmation from indicators for additional support. Happy trading !!! NSE:JUBLFOOD
This short video will discuss my reasons for having bullish bias towards stock indices. False breakdown below 16180 Piercing Candlestick pattern close to 16180's - Two times Heavy weight -HDFC yet to finish final target @ 2900+ Let me know your comments. Thanks for watching the video. -------------------------------------- Last Idea on HDFC ...
Two important sma 44 and 200 Things you need to keep in mind:- 1.select stocks where the 44 and 200 ma is rising 2.note the crossover (golden crossover) 3.when it takes the nearest support from the 44 ma after the crossover buy abv that. SEE IN THEE CHARTS WE CAN EASILY BUY AT 44 MA SUPPORT AFTER THE CROSSOVER AFTER THAT SEE THE UPTREND OF THE STOCK
Hello Traders! Here we gonna learn how one can trade Nifty/Banknifty using pure price action and get better results Assuming that one knows what is Support and Resistance & know about candlesticks So traders, all you need is to draw the support/resistance levels on your chart, here I've draw S/R levels in Banknifty and timeframe I'm using is 15 mins for...
Blood Bath in Stocks- What to do. I discussed what i have done and in the end a small strategy to control your risk and increase profit when there is sudden fall.
A massive sell-off was seen in almost all scripts of mid and small caps in nifty in the past few trading sessions. The Nifty mid-cap index had retraced to 0.618 Fibonacci levels from its recent swing high, similar to the small-cap index. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your...