I believe in technical analysis and I have been astonished about the accuracy when used properly, this is one of those cases. The Peak can be considered as Stoploss
Sell Price above 1122 Stop 1153.80 Target 1043.15 Just for Educational Purposes not a recommendation/suggestion Maybe try Paper trade
Points to Note: _______________________________ 1. A hidden divergence with RSI, at the 61.8% level showing Oversold levels 2. An inverse Head & Shoulders(H&S) showing accumulation 3. A healthy breakout with volumes out of both the downward Trendline & the H&S 4. Good Price to buy, at the retest of the trendline Disclaimer: This is merely an observation &...
The 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. After breakout, a major resistance becomes major support. Here we can see price taking support from that level many times. But not just that, it is also showing Bullish Divergence on RSI which shows that price can...
NSE:HINDALCO formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF. Entry : 484.50 Target : 464/448 SL : 510 RR : 0.8/1.4 (2nd target for better Risk Reward Ratio)
* B-nifty is taking support of trendline. * Class -A divergence seen on chart. * HDFC bank also showing class -A divergence. * There are good chances of up-move from here up to 45800.
NSE:MARUTI formed Shooting Star and -ve RSI Divergence in Daily Timeframe. Entry : 10346.75 Target : 10100 SL : 10640 RR : 0.84
Hello friends, it was good move came in coal india in last few days. but now days global market is looks so weak. Based on this data here coal india has super Bearish Diversion built up. if it goes correct it will give supper fall to 15-20 points. within 2 - 3 days it will give clear cut fall. 1. its on high / top of trend range 2. prices shows up but SRSI show...
NSE:DIXON formed Bearish Engulfing, Bearish marubozu, Rising Wedge, Double Top and -ve RSI Divergence on Daily TF. ITs a high probability trade. Entry : 4920.30 Target : 4650 SL : 5225 RR : 0.9
HDFC Bank class A divergence seen on chart which is sign of reversal. It may reverse from here for target 1800,2100.
Nifty spot Bearish Divergence on 1 hr can look for tp of 18890-870 with risk reward ratio of 2.31 dc : only for educational and learning purpose
This is a purely Technical Call. Low Risk High Reward Insurance space in India is very premature. With the current gen understanding the importance of Insurance and financial assets, there would be a surge in this sector going forward and not to forget this gen is tech savvy. PB Fintech Ltd, is a multinational financial technology company, popularly known as...
ZOMATO has made mutilple divergence on daily as well weekly charts, long buildup by Mutual fund AMC
stock is falling from 2000 level fom ipo rate now i am observing a two dip with good divergence on weekly time frame and on last dip we can see a bullish engulfing pattern confirmation we can see target of 950, 1100 if stock is forming to form uptrend and stock sl is 400
BTC have chances to form head and shoulder pattern is conformation loss 27500$ support then will see 19500$ becoz we have GAP in that region. v
TOTAL have chance to take retracement becoz of Double top and RSI DIVERGENCE, Next support levels are 1.2T , 980B , 874B and 725B. Another chance to make triple top also if interest rates go lesser. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
Canara Bank (CANBK) is showing bearish divergence with momentum and price which means that upmove is losing it's momentum How can i say this ? Because Prices are rising and momentum (RSI) is not rising in the given direction which shows lack of strenght, doesn't mean it cannot move upwards but the probability of moving down is more. This view can help us,if not...
- Dark Cloud Cover formation at the resistance. - Bearish Divergence Confirmation - Failed to make a Fresh High - Retracement or Reversal - Time will tell.