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
XAUXAG chart again touched its long term weekly support of 68.5 in Dec-Jan and seems to have bounced off of it. RSI divergence is further supporting the bullish view on the Gold/Silver chart. Initial level of 82.5 is possible in the coming weeks.
KOTAKBANK is giving bullish divergence on RSI on the 30 min time frame. Looks like a bottom is in place and the stock can reverse. Longs can be initiated above 1860 for immediate target of 1900-1905.
US Dollar to Thai Baht (USDTHB) is showing bullish divergence on the daily chart. I am looking at a Long with the initial target of 30.4 from here.
Reliance gave a breakout and saw some profit booking.Now after consolidating there is bullish divergence seen on charts which means if #RIL breaks 2040 and sustains will gear for 2180-2200 zones
Taking support around the PRZ of the Bullish Shark Pattern. Expecting a trend reversal from these levels.