CASTROLIND - Signs of Major Trend changeThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself.
When price reverses from major support (after major downtrend) and breaks above major resistance zone, it signals towards a major trend change towards upside.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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Changeoftrend
RSI DIVERGENCE - RADICO KHAITANNSE:RADICO - DAILY CHART ANALYSIS
The price was heading down, making lower lows.
Initially, the RSI indicator was following the price too.
on daily chart its seen that the RSI starts making higher lows while the price is still heading down.
That’s when divergence pattern appears.
After a bullish divergence, the price will tend to change from a downtrend to an uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
POKARNA LTD. | Change Of TrendPokarna Ltd. has been in a downtrend for quite a bit, but this week it is breaking the structure of the downtrend and shifting to an uptrend.
Buy Eligibility will require
I. The price to close above 420
ii. The high of this week is to be broken.
The chart is for educational purposes, and trade as per your analysis.
how trend changes Since morning till we not close our eyes for a sleep will see a trend in our society in respect of each item, dress, hair style etc.....likewise price also follows trend. and givesome intimation when that trend changes.....same thingwe tried to illustrated. how pricemoved in down trend and making lower low and lower high. and suddenly it start making hihger high and higher low.