NMDC Current STRUCTURE- Rounding Bottom Breakout + RETEST
MULTIPLE CONFIRMATIONS :-
* Volume Expansion - Volumes since the last three months have been huge and continuously expanding
* RSI bullish Divergence- NMDC is forming flat bottoms whereas RSI is forming Lower Highs which is contradicting hence we listen to what RSI is doing and this is an early signal...
It is a hidden divergence in 1 hour chart of Lauraslabs , and could move higher on Monday. Would recommend you to watch the entire market sentiment too.
If nifty continues to fall, it could become hard for it to go up.
SL 514
TARGET1- 548
This banking stock is consolidating forming a potential breakout from a flag kind of pattern.
The momentum on daily also has a a potential reverse divergence that is bullish if it plays out.
The momentum n=and trend indicator are bullish on all time frames. 91 could be
A good support below which could be stop loss for swing/positional trades.caution that the...
#ICICIBank 18% breakout from previous resistance in just 2 weeks following earnings but gave up half of it forming a indecisive gravestone doji at a gap support.what else to do when even index gives up >5% in same time. Daily timeframe has a bullish reverse divergence that could lift it up. Momentum is very good on all timeframes intact in bullish zones ADX trend...
NSE:IRFC
>Forming a triangle on 4-hour time frame
>It has breakout on the line chart but not on candlestick chart.
> For good confirmation we should wait to align both charts ( line and candlestick ).
> IRFC is facing heavy resistance at 25.50 to 26.50 range if this break then we can initiate a long...
In this chart, RSI (Relative Strength Index) study is carried out on 4h timeframe chart with possible support zone/range and targets. Previously in chart after bearish formation, we saw sharp fall in price both the time. recently in chart, we can see the formation of Bullish/Positive divergence is visible, which suggests (not every time) the end of bear's strength...
Sonacoms 15 Minutes Triangle Breakout With Rising Volumes . If It Crosses 675 , It will Test 690 and If It Breaches 690 , Its In The Sky Till 800 .. So Enjoy The Ride ..
On Oct1, $DJI made a bullish candle on good volume right on the lower median line(support line) of pitchfork. Also a number of indicators are showing bullish divergence. All this points to a bullish reversal.
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as...
Keep FOR (Fortube) in your watchlist. Buy on breakout of the descending triangle with good volume at POC (Point of Control levels) that is the price level for the time period with the highest traded volume that has utmost importance here so when that zone breaks with good volume we need to take an entry. This is high risk trade and so are the profits. Here we can...
As we can see on daily time frame the price is making higher highs where as RSI is making lower lows, this type of divergence shows that the uptrend will continue. Trade can be taken after successfull breakout of the trend lines.
Happiest Minds is forming a VCP at around it's ATH levels on drying up of volume.. Additionally, we can notice a RSI Bullish divergence. This confluence gives a high probability for a positive BreakOut.
#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if...
#marico multiple bullish reverse divergence seen on weekly timeframe and also
a flag kind of pattern that could potential move it up is seen.
daily seen at a 4 times tested zone and therefore not wise to enter until
a green close above it is confirmed.
