ANDHRA CEMENTS FORMING DESCENDING TRIANGLE AND BULLISH DIVERGENCStock has corrected a lot in recent times. However, the channel has become very small in the descending triangle. Notice the volume and divergence that is forming.
Would love to hear your views friends and mentors.
Divergence
Negative Divergance in hourly charts of BHARATFINIn the hourly charts of Bharat Financial Inclusion a Negative RSI Divergance is forming which indicates stock price may fall...
Here, Price making higher high where as, RSI making Lower Low formation...
CMP 803.8
RSI 58
Be cautious.....
Note: Do Your own study before making any position...
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USDINR - due for a corrective rebound !There is a clear positive divergence on the charts on both RSI and MACD and the psychological set up on USDINR too supports a corrective rebound . Swing Break confirmation needed which should come around 64.40/-
GOA CARBON - Rounding Bottom - Flag - DivergenceStock has broken out with huge volumes following spectacular result.
A flag has been created. Let's wait and watch any upward move.
A hidden bullish divergence has also been formed.
Federal Bank Regular Bearish DivergenceMACD and RSI going down. Prices have seem to take a hit at 92.50.
Short with Target of 87.50
BEL MACD DivergenceBEL showing MACD divergence, may be a good shorting time. This is also coinciding with the trend line.
Positive Divergance in USD/INR daily chartsIn the charts of USD/INR price is froming Lower Lows (LL) and RSI is forming Higher High (H H) within oversold zones...
It is expected that whenever these types of divergence is formed it seems to be Price Reversal...
I have made a long position at a price of 64.85 looking after this divergence...
Note: Do your own study before making any position..
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You can also see divergence related research which were accurate previously below related ideas...
Gravita India has shown a negative divergance in Daily Charts...It has shown a negative divergance and a big downfall with high volumes.....
it can fall upto 50 days EMA and take support over it because it is in uptrend on monthly chart .... for long term investment this fall is a golden opportunity....
it may fall upto 50 - 47 region.......
Double Bottom Reversal BlueDartThe stock has given classical double bottom breakout that too with divergence. The simple pattern offers a long trade in stock by providing suitable stop loss. Prices can easily climb to 5300 in coming days.
BEL Bearish Divergence and candle !The stock is making higher high but RSI is making Lower Highs thus telling the forthcoming weakness. It has formed Evening Doji Star pattern today confirming the possible reversal. One can short the stock here with SL high of today. Fib .618 level seems a reasonable target.
Tatasteel Short RSI Divergence !The stock is showing continuous divergence in hourly chart and yesterday Price bar was a key reversal bar so one can short the stock for a target of 460 - 455 and evaluate the trade at that level to continue with trailing stop loss or to take profit.
NASDAQ - Good Bye 5K?* Bearish AB=CD
* Probably false breakout
* Divergence on Stochastic
> Test of ~4750 on cards
> View negates above 5K
THREE BLACK CROWS Divergence and Wolfe Wave!Divergence, THREE BLACK CROWS & Wolfe Wave all are pointing a good short at this level for a target of 840 on or before 25.01.17. Good Risk reward ratio!
RSI and MACD divergence is visible on Nifty daily chartRSI and MACD divergence is visible on Nifty daily chart Does it mean there is trend reversal ? Any other technical indicator supporting this?
Broadening top Reversal Patterm ShortThere is a possibility to trade Broadening top pattern. RSI is forming divergence also confirming weakness in the stock. Shorting now with Stop Loss just above the high made recently.
NIFTY Channel Trending with RSI divergence Good ROR setupNifty slowly drifting down is having occasionaly bear climax bars and moving down. Here, both bulls and bears not doing a great job. Bulls not have the force to pull nifty up and bears dont find excited to push it hard.
Trading in channel nifty is at the bottom of the channel and made a doji bar followed by a bear failure bar, continued by a bull body bar. so bulls and weak bears will book profit here pushing nifty to the higher trendline and good risk reward trade setup available.
SL 8055
Target 8150
CMP 8090
NZDUSD - Bullish Divergence As indicated on CCI a bullish divergence is seen on NZDUSD pair on the daily chart. We can buy this as per the indicated limits.
BIOCON still has gas left for new highsBIOCON a stock closing strong even with a choppy bearish nifty, formed postive divergence in Monthly charts showing still it has gas left for big moves.
Immediate targets on upside lies at 1028/1088/1165
Any dips towards 930/950 zone if done before target can be bought with 835 SL.
ROR not good to enter at current levels.
3 outside out Wipro longProbability of a short term reversal with the following reasons
1. regression channel breakout
2. divergence
3. 3 outside out candlestick reversal pattern
One can buy at dips for a target of 470.
Triangle/ divergence may trigger a long The stock is in oversold zone making divergence also getting support from the trend line. Possible long at this level on hourly chart that means it has to be continued overnight to reach the target. A good point to enter long with small stop loss.
