INTRA TO STBT FOR RELIANCE TRADE3 HIGHER HIGHS FORMED + ADX ABV 30, -DI > +DI = SALE BELOW 1885, WITH SL 1930 , T1 1875, T2 1860 T3 1845
disclaimer - trade with your risk & analysis
M-oscillator
How to avoid bad trades using VWAP and Klinger OscillatorScenario 1:
Scenario 2:
Scenario 3:
Scenario 4:
Comments are welcome for my learning.
A possible long entry on Bhart Airtel?Bharti Airtel is at a crucial resistance between 420 and 425 which it has rejected three times on the weekly chart.
A possible double bottom could be forming which coincides with declining negative price momentum and the presence of an up trendline making this an area where the stock should find some substantial support.
The RSI and MACD when analysed on the daily time frame shows us some positive signs with the stock having rejected 30 on the RSI and the MACD histogram slowing upwards.
A position could be initiated now with a strict stop loss below the 420 zone with the two resistances providing opportunities to take profits. For additional confirmation wait for a positive candlestick pattern to form to confirm the reversal.
Please let me know your thoughts on this. Happy to discuss.
Bharti Airtel - Bullish hidden divergence Bharti Airtel has taken support at the weekly trend line
Reversal Candle formed on the weekly.
Hidden bullish divergence . This happens when price makes a higher low and the oscillator makes a lower low.
This is just for information/'learning purpose and should not be construed as a Buy call
Britannia looks ready for an upmoveRelative Strength is positive, stock was in consolidation. Great buy with low risk and high reward
ITC SWING ONCE AGAIN????NSE:ITC
Possible short term swing targets 201/203/205. (ALERT : AGM SCHEDULED ON FRIDAY)
DALMIA BHARAT SWING POSSIBILITY ALERT!!!NSE:DALBHARAT
A break of 773 can confirm an upswing of targets 794/807/825 for short term
Abbott India - Fibonacci ReversalNSE:ABBOTINDIA has retraced 61.8% of its rally. The stock gave a #Doji reversal confirmation 2 sessions back and moved to confirm the reversal of the downtrend. Currently the stock has moved up to its resistance level and and same can be seen from falling bullish volume.
Tomorrow will be important to watch to see if it breaks the resistance or not?
We expect the stock to move a little lower (retrace about 50% of the current reversal move) and then increase to move towards 18000 levels. (As shown by arrows). There’s however more upside according to RSI and Relative Strength Analysis.
Bullish RSI Divergence on IndusInd BankNice and clear bullish divergence seen on IndusInd chart. It can provide a good upside move above 530. Please wait for confirmation on Monday before entering the trade as market sentiment may have changed by then.
Up Channel Break Down + RSI Divergence.Short below 2685 Keep SL above 2790 For Target of 2600 - 2500 - 2430
EURUSD to 1.11
Currently at 1.414 retracement. Should correct to 0.618
RSI is too overbought now. Sharp reversals are in the corner
BTCUSD to see an uptrend bias | Moving Averages indicating buyMarket in last 24hrs
-BTCUSD moved sideways, price above 11k
-Price volatility was high. Market moved ~3.02%, between $11.2k and $10.86k
Today’s Trend analysis
-Low volatility ahead with a bullish bias
-Price at time of publishing: $11,050
-BTC’s market cap: $203 Billion
-Oscillator indicators are mostly neutral. RSI at 73
-Moving average indicators are biased towards uptrend. Ichimoku Cloud is neutral
-Volume indicators are indicating a low volatility ahead. Very low volumes observed in recent candles, volumes were less than 20 candles moving average.
Price expected to move upwards, low volatility due to low volumes. Most of the Oscillator indicators are neutral. MACD is positive around 360, histogram size decreasing in last few candles about to cross down zero, indicating a bearish sign. RSI at 73, still in the overbought region indicating bearish opportunity. CCI is above 70, and in neutral region signaling a sideways movement. Another interesting point to notice here is that the candles are making higher lows which indicates a buying pressure.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
BTCUSD about to reach 11k || RSI in overbought regionRSI in the overbought region with a value above 80 indicating the price drop
MACD line above the signal line with a huge magnitude indicating an uptrend
CCI above 140 indicates a downtrend
Squeeze indicating an uptrend as the market volatility is high
TCI Express // Potential Triangular B/O Call for Monday July 25th 2020
NSE: TCI EXPRESS
CMP / LTP: 687.6
TARGET: 825+ (20%+)
STOP LOSS: 625 (10 % Max)
Notes:
- This is a swing trade call and not an intra-day trade
- For the best RR, this scrip can be bought within max +/- 2% range of suggested price not more than.
- Please follow the Stop Loss strictly. If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades, but if SL / Target are not triggered and you still wish to hold the trade, this can be
done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5
Disclosure: I may or may not have a position in this trade. All the recommendations are subject to market conditions. Please trade at your own risks.
