Bullish divergence between price and RSI in Lupin. Price can rise now.
I just want to watch it, might enter after a good green 1HR candle closes above 1696 SL 1639 TARGET1- 1744
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
PFC bullish Diversion HOURLY STUDY ..................................
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...
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...
it has formed Bullish divergence on daily chart, let's wait for trend reversal on smaller timeframe, then we can enter in it.
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...
#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...
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...
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...
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.
#havells the breakout is yet to happen clearly from the W pattern and is consolidating since it touched the neckline. But good thing is that there a multiple bullish reverse divergences seen on the daily timeframe and there is good probability of this working out to make happen the breakout Havell's remain potential breakout candidate pattern seen. Momentum and...
A hammer on weekly and bullish momentum divergence on daily already work in progress could indicate the previous bearish divergence moves is probably arrested at support zone and is likely to move up.stocks could be picked once momentum reaches above bull zones.