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Bullishdivergencersi

Bullish Divergence in TIDE WATER OIL.Bullish divergence in the RSI indicator and good upside movement with good spike in volume can be seen in TIDE WATER OIL. Buying at current levels can be a good pick. Above horizantal lines in the chart are the targets for this trade, would suggest to book some part of your profit at every horizontal line/resistance. Can go for the target of levels 2147.30, 2280, 2599.80 and the ultimate target is of level 2780.15. timeframe for this trade could be 8-14 weeks. Go with the strict stoploss of candle closing below 1960 level. ( Those who can keep patience can go with the stoploss of 1780 level). THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART AND TECHNICAL INDICATOR, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR SECURITY/STOCK/SHARE.
NSE:VEEDOLLong
by Ankushkokane
CONTRARIAN trade setup.#Here on the daily chart of UPL, the trend is down since the month of june and now the trend is showing some signs of reversals. A divergence can be shown between Price and RSI, price is making lower lows but RSI is continously making higher lows. #When we put a bollinger band over the price chart, we can see a "W" bottom pattern has formed on the same lows. 1st low broke the lower bollinger band shows momentum on down side then the price bounces back and forms another low but this time fails to break the lower band and stays inside which shows loss of momentum towards down side. #When we see the RSI indicator, the value is about to cross 60, if it closes above it we can see an uptrend from here. #On Balance Volume has also broken the trend line which shows that buyers are showing interest. *For a safe entry wait for the price to give a breakout above (768) the resistance or above upper bollinger band. *Stop Loss can be the previous low i.e. 694 or the lower bollinger band. *First target = 865
NSE:UPLLong
by anuragsahu614
TLT stabilizing after big fall. Bond buying starts from here?US Treasury long-term bond yields have risen significantly and sharply over the last few weeks. This is apparent in the steep fall of TLT, the long-term US Treasury bond ETF, from 145 to its two year support of 135. In fact the price touched 136 on 26 Feb'21. The price has now begun to stabilize with RSI giving bullish divergence at this long term support level of 135. Possible to see bond prices recover from this level, and hence finally a halt on the rising yields?
NASDAQ:TLT
by vipulmehta817