Buy Silver: Silver is ready for upmove All Details are mentioned on Charts. A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
Reliance 3 bar bullish momentum divergence seen on daily timeframe awaiting confirmation and if it moves above which could bring it back to at least 2075 again.the stock is at a support zone currently and in consolidation mode
Nifty Pharma bullish momentum reverse divergence awaiting confirmation. Previous week had bearish momentum divergence met the target when index dipped near 6% and bounced back.
NSE:TATAMOTORS TATAMOTORS has been forming RSI bullish divergence. It is making lower lows in price action while RSI is making higher lows. Things to remember. Since, this RSI bullish divergence is not yet confirmed so better to trade at pre-decided levels only. Tomorrow if this will be the bullish divergence then there will be a bear trap in the initial...
Buy Reliance CMp 2099 Stoploss 2050 Target 2218 Double Bottom Formation + RSI Bullish Divergence
NSE:KOTAKBANK Today it open gap down, so it is to follow the trade plan as per no.3 from my previous post on KOTAKBANK. Review and what we learned from Today. #1 As per trade plan, we have to avoid first 15-20 min to get it cool down. Today we saw a huge volatility in this initial period. What we leared : Always to avoid trade in initial 15-20 min. #2...
- Bullish Divergence - Falling wedge Pattern in 5 min TF
- Bullish Divergence - Reliance follow Trend line - Mark important levels same as in your chart
Expecting huge selloff at the range of (16250-16300 ) if Nifty break the level of 15400 and sustain for the day we can expect a downside side move for the coming month (a small correction) If Nifty close above 15900 it can reach 16250++ (Buy only after the breakout from the resistance zone ) Personally, I'm expecting Nifty to reach 17000 by this financial...
Technical Analysis: Total MarketCap (Update) In Daily timeframe Chart, Crypto Total Market Cap is Moving Above the Strong Support (1.32T) and did not want go further down If Crucial Support Broken Down then Next STOP Could be 832bln (So We Could see Crash in Coming Days) In Bullish Case, If MarketCap Remains Above the Support, Expecting Bounce Back towards the...
To most people, this would have looked like an inverse head and shoulder pattern but if you notice the left shoulder you will see that the lower wick is much lower than the head and hence once the price reached 1.8 USDT it did not break through. However, this is a bullish divergence pattern with lower highs and higher lows.
Mahindra Fin giving clear bullish divergence over MACD on all time frame. Buy MFIN 156-160 for 180/190. sl 155 on CB. Trend reversal with gap filling process now starting.
Bullish Divergence in the Parallel Channel and a diamond pattern seems to be forming. Further, the MACD also seems like a crossover is just around the corner.
A good reversal candle formation at the support zone with Rsi Bullish divergence indicates some up move in the price.Buy above 103.40 with the target and stoploss as mentioned.
NIFTY IT Will Show Reversal Sign :) Bearish Divergence work done and Show Reversal Sign
2 support areas, descending trendline breakout, volume is good, macd crossover, stochRSI bullish divergence.
As we look at the daily chart its showing that it has retraced 50% , now it is ready to move upside. If we look at 30 min TF its showing nice pattern of parallel channel and with RSI bullish divergence we can trade with the confirmation. For more confirmation it has formed inverted head and shoulder pattern on lower TF as well.
Buy TCS CMP 2947 Stoploss 2860 Target 3030 and 3080 Study : Bullish Divergence spotted at 1 hour Timeframe