Double top chart pattern with negative tail at the 2nd top almost confirms the short ........assurance comes from divergence also with different indicators....may follow
Initial visual inspection shows the index is recently trading sideways between 30230 and 31715. Point to notice here is that we could observe a negative divergence through oscillators i.e. RSI and MACD. That clearly indicates a negative bias. So by considering these factors, index falling to 30230 (further 400 pts away from current level) now almost looks...
Bearish divergence is the bearish sign so stay alert buddy. thank you earnology
As on the chart you can understand......this may happen if nifty will support otherwise A Boat cannot go long against the river.....guys better understand..
Nifty Target 11400. Negative Divergence can lead to gap covering
Hidden bullish divergence on 1 day supported by prevailing trend (higher lows) , 4H exhibiting the same trend (uptrend) & hidden bullish divergence going to happen . trendline support @7800-7870 . Buying BTC USD at 7830-7880 with stop @ 7500 target would be new high of 2019 .
Bel - Regular Bearish Divergence near Resistance. Have a look at the chart.
I had been drawing this chart since FET touched the low but couldn't publish. There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me. Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I...
As we know NU has been in a very good down trend since Mid March, and it seems like it has completed the 5 wave structure of the B leg and now it is about to begin it's way for the C leg. Divergence is also appreciating in that case for NU LONG. I'd prefer .6420 for SL in case of Buyzz. And target would be .6971. GOOD LUCK GUYS. Follow Money Management. Trade SAFE!!
NSE:ARVINDFASN IS NEAR ITS DEMAND ZONE ON THE HOURLY CHART WITH STOCHASTIC RSI IN OVERSOLD ZONE AND MOVING UP WITH A DIVERGENCE . RESPECTIVE LEVELS ARE MENTIONED ON THE CHART .
DBL is trading Near a Support level and giving a Positive Divergence.
(1) Channel Resistance (2) Regular Bearish Divergence
Strong demand zone can touch target 1 -34 Stop loss 26
A divergence is formed on the MRF with stock trading at its long term supprt but keep in mind it's Q4FY19 results are due for the next week. Jai Hind
Sell signal inndicated by rsi indicator showing negative divergence