Divergence
DEEPAK NITRITE - VCP Above 878 , it's a road without speed breakers.
VCP formation.
Call it Cup & Handle
Divergence Spotted.
BALAJI AMINESParallel Channel Travel
2 Divergences spotted.
Price is at decisive point
- Will it rise back inside the Channel?
- Will it fall below the Channel?
Ans: Most probably , it will rise back inside the Channel to touch the top. Lets see !
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HUDCOHopeful Breakout on 8th attempt.
Divergence Spotted
There are chances of price falling back in the Wedge.
*****
Help Me to Help Us.
Always keep a stop loss to rescue you out of troubles.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
RSI divergenceEducation Purpose.
check RSI divergence which is showing a downtrend and could be a sign for a fall the next day.
CCL products Formed Bullish DivergenceCCL product formed bullish divergence can go for long position after the next dip for the bigger target 288 and 300+
Neulandlab Bullish Bias Target 1500 for Long TermBullish Divergence
Looks good
can be bought at CMP or if it retraces till 1120 levels
Target 1 : 1300
Target 2 : 1500
Stop loss : 1150
RSI divergence NSE:HEROMOTOCO RSI divergence indicates a possible reversal of trend. If breaks the trend line with momentum then it will move up. Resistance at 50 EMA (1H) to be watched....
Asian Paints - Indicates a Trend Reversal NSE:ASIANPAINT Divergence in hourly with Dozi in daily chart indicates a trend reversal.
#LETSTALKABOUTMARKETS - JSW STEELThe stock has rallied almost 33% in the last 2 months, there needs to be a correction or consolidation phase. One needs to be cautious not to enter long at this point as technical indicators suggest a short set up.
1. RSI negative divergence - The price is increasing at a very fast pace but the strength index is not following the path as indicated in the chart.
2. Bollinger Bands - The stock should close below the Bollinger band and might drift towards the average line.
One can take a short set up with a strict Sl at 333 with a target of 300. This is purely for educational purposes.
CIPLA - Buying opportunity NSE:CIPLA RSI divergence with break in trend line and closed above 200 EMA (1H), indicates a good opportunity to buy.
negative divergance in HDFC bankDivergence is only a warning sign not a signal to a trend change, confirm the second indication mainly from price.
Tech Mahindra - Shows sign of reversalNSE:TECHM Chart is showing bearish signals, indicates pullback.
Hero MotoCorp - Change is in CardNSE:HEROMOTOCO Chart indicates a possible pullback.
- In supply/resistance zone with RSI divergence & Bearish engulfing candle in daily chart.
HCLTECHNSE:HCLTECH
BUY : If Sustain between 850-880 then Buy above 880
SELL : If breaks demand zone downward and trend line
Titan Bullish BiasBullish Bias confirmed by price action
Can be bought at CMP levels
Target 1220
Stop Loss 1100
Gbp V/s U.S DollarIt's a perfect chart to understand about negetive and positive divergence. When price go up and rsi go down its call negetive divergence (indicate by blue line in chart) after that price will go down & if price go down and rsi go up its call positive divergence (indicate by red line in chart) after that price will go up.
VedentaPrice is currently at upper channel. can be short keeping the stop-loss above the channel. At this level there is a divergence on macd also
Essel Pack Bullish Bias Target 260Bullish Bias
RSI Divergence
Looks Positive
Can be Bought at CMP levels
Immediate target 260/265 Previous Gap may act as resistance
Stop loss 220/215
