Its short term bearish moment. Price is going high but RSI making lowers it may come bearish momentum.
LT is at its trendline resistance and forming divergence also gave 2 bearish hammer candles so you can take a short entry as per your risk appetite. pls do follow me if u like my analysis.
Levels are on the chart. Disclaimer: This is not a stock recommendation.
At low risk entry level in the channel.
Positive divergences in both the RSI and MFI at the bottom of the Parallel Channel. Reversal just at the 200 EMA adds on to the conviction.
Bullish Bias confirmed by price action Can be bought at CMP levels Target 1220 Stop Loss 1100
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.
The stock is having good frequency around Pitchfork and trend line. One can enter long here or on dips with stop loss of 1210 on closing basis for a target of 1315/1345. I know it is making lower low and lower high clearly in downtrend but trading a pull back expectation. It may achieve target fast in coming days. Divergence are also supporting the idea even if it...
Indicators are telling that price may try to reverse at this level, specially the RSI divergence when appears in oversold area. I will go long with small stop loss just some ticks below the low made today. IF it works it can give decent return so one can take chance by risking small amount. Good Luck
Oh my god! TCS has given major bullish signals in MACD and RSI. Please see the Arrows you will get what I am Talking about and TCS is in value Zone. One can buy Nov Futures and stay long for a target of 2450-2500-2520 with a stoploss of 2354 on closing basis. One can accumulate 2450 Nov calls all trading @ cheap rate.. Best of luck