Bullish Divergence
lycos looks bullish in short termIn daily, regular bullish divergence formed at horizontal support. It can bounce to 8.50
lakshmi vilas bank looks bullish in short to medium term.It is in long term uptrend.
In weekly, price bounced from ascending channel support and previous peak.
Also price bounced from uptrend lower BB.
In daily regular bullish divergence is seen.
sl - 165, tgt - 210-220
Kalyani Steels - Hidden Bullish Divergence - Not Hidden anymoreJust look at KSL forming a text book bullish divergence on both MACD & RSI. Pick up this stock now and watch it go up!
With infra & housing in demand, KSL is one of the major beneficiary who will supply steel products to these sectors.
Please support and let me know your thoughts
COAL INDIA - BULLISH DIVERGENCE It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming lower lows where as RSI oscillator forming higher lows, indicating a trend change and bullish move ahead.
Target 1: 295
Target 2: 300
Stoploss: 280
TATA ELXSI - BULLISH RSI DIVERGENCE It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming higher lows where as RSI oscillator forming lower lows, indicating a trend change and bullish move ahead.
Target 1: 1550
Target 2: 1600
Stoploss: 1450
Bullish weekly divergence! Screaming BUy!Well Infy has now made a double bottom on the weekly charts with lower lows on RSI and MACD-H.
On the daily Chart also it has given a BUllish Divergence. So guys Load Up on Longs ONce 950 crosses 980-1000 will come in no time..I expect good move in Infy tomorrow and the coming week.