Take Long position on Bharati Airtel at current levels A Double Bottom pattern has been formed, there is high chance of reversal from current levels, as the stock is trading at S2 level on Fibonacci Pivot and EMA 200, To further increase posibility of reversal A weak bullish divergence can also be observed.
- BULLISH DIVERGENCE - TRENDLINE BREAKOUT
- Bearish Divergence - Wedge Pattern - Buying Climax
PVR sell bellow 1224 NSE:PVR ABC wave pattern and divergence triangle SL- 1346 target 1- 1300 target 2 - 1280
- PRICE VOLUME TREND FLATTENING - DIVERGENCE IN MONEY FLOW INDEX - FALLING VOLUME MAY SEE A BIG DOWN MOVE AFTER BREAKING DOWN OF TREND LINE
Hidden Bearish Divergence in HUL Sell HUL @ 2200 - 2205 Target: 2165, 2145, SL: 2234
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.
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...
Its a small and less traded stock.. I am looking at this for education and training purposes .
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...
Higher Lows in Price and Lower Lows in Oscillator Indicators . Thats Bullish for me . I hv invested Small amount . Lets See .
Kotak 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.
CMP : 374 SL : 366 Target : 390 (Breakout above the resistance may give huge movement)
confirmation by sellers ,RSI , and MACD selling point with stoploss given in chart
Upcoming 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...
Last 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.
The moving average has the highest resent slope and macd is showing a strong divergence than recent times. Don't buy in now. Be careful everyone. Risk/Trade management.
Federal 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...