Divergence
PVR ABC PatternPVR sell bellow 1224 NSE:PVR
ABC wave pattern and divergence triangle
SL- 1346
target 1- 1300
target 2 - 1280
IGL LONG BET AS PER RSI DIVERGENCE IGL HAS BEEN IN DOWNTREND FOR SOMETIME. NOW THERE IS BULLISH RSI DIVERGENCE ON THE CHART.
IT LOOKS LIKE LONG VOLUME CANDLE CORRESPONDING TO TODAY's LOW PRICE CANDLE HAS EXHAUSTED ALL THE SUPPLY AND AFTER THAT PRICE STARTED MOVING HIGHER.
HENCE IGL LOOKS GOOD ABOVE THE TRENDLINE WITH STOP OF BELOW 381.
Nifty showing resistance from its important trendline...As we have seen that nifty is taking resistance from its importance trendling on daily time framealso we have decreasing momentum on RSi showing that the buyers are dimnishing. 11400-11450 comes out be important resistance zone one must stay cautious here. Longs should be avoided here.. if any correction comes nifty can test its previous support levels of 11000-10800 zones...
Bullish Divergence in the highs of Price and RSI . Its a small and less traded stock.. I am looking at this for education and training purposes .
Escorts AT Multi Year high Breakthrough Level. Best Luck!Beautiful And Simple Hidden Divergence !!! We need all the Luck to BreakThrough Tomorrow ! CCI in favour , RSI in Favour , Volume Action in favor.. IS this a TRAP ? Doesnt look like..The Hidden Divergence shows us that higher Lows are being achieved at lower and lower price momentum supports . SO the Proverbial feather is on side of Bulls . Ek Dhaka Aur do ! I invested Small Piddly amounts .
Bullish Reverse ( Hidden ) Divergence Appears Higher Lows in Price and Lower Lows in Oscillator Indicators . Thats Bullish for me . I hv invested Small amount . Lets See .
Bullish Reverse Divergence Appears . Lets See What happens NextKotak is making Higher Lows While a combo of Several Oscillators are making Lower Lows . So A hidden BUT Powerful Divergence is Spotted here . I have invested a very small amount.. A few Candles and Volumes will guide us Tomorrow Morning.
INDUSIND BANKUpcoming downtrend
Prices have increased with negative divergence in RSI & Volume.
Ascending triangle has formed depicting a continuation downtrend.
As of 5th August, it shows weak buying for intra or couple of few days but sell signals for positional(short term) trading.
Go short till 470, weak support between 460-470rs.
Next support between 301-342.
Trade at your own risk.
NIFTY 50Last 4 days nifty50 has been created confusion in market that what is the next level of nifty. it will gone up or down. Today nifty has been closed@11194 and RSI value is 71.78. But if we see 21st july RSI value that is 73 and closing price of nifty is 11162. see difference both rsi value.It is clearly indication that nifty will be gone down on monday.
Federal Bank - Small Bearish DivergenceFederal bank has taken support from the trend line shown and is sitting almost on it now.
The stock is showing a hint of bearish divergence which has been confirmed with the 2 downward movements on Thursday and Friday. It could very well have served the function of consolidation for large volume buying happening during the uptrend.
52 is a key level to watch for bearish breakout.
If it falls below 52 - closes below 52 on the 15 minute candle; Short trades can be initiated for targets of 51 and 50 with SL at 53.
The stock would be bullish above 54.5 indicating consolidation is complete and its open for new heights. Long trades can be initiated for targets of 56, 57, and beyond.
Behaviour of BANK NIFTY will affect the movements here so keep an eye out.
In case of Gap openings below and above the last 2 sessions high and low levels, exercise caution in taking short and long trades respectively.
Bullish Divergence in weekly chart for IBULSHGFIN !!A clear divergence shown in the stock for weekly chart. Is it time to go long on this stock?