M-oscillator
CIPLA Positional WeakWeekly is showing a halt in the continued DT. Price below 50 EMA.
The weekly zone is proving important in Daily. I am seeing 4 rejections. Yesterday price closed below the 50 EMA. We can see 6 back to back red bars, giving a nice bear picture.
In the 75 min, price broke the level of 467 on 6th Jan and is giving a nice pullback to test it with two wick rejections. Also, there is nice RSI Divergence to confirm the weakness. A good positional short opportunity with SL at weekly zones.
Nifty - Ichimoku gave multiple reversal confirmations.As you know, Ichimoku is a complete system that provides a reliable signal.
A closing above 12135 will be the fifth and final confirmation of medium term uptrend as per this complete system.
KEEP TODAY's LOW as your stop loss, if you take a position.
amarajabat buy possibilityLong @ 775 target 790, 800
SL below 765
! stock forms long wicks on 9:15 candle
#RSI Divergence #Correction move retrace deeperNext Support area is 11850 - 11800. Price-wise correction is due any time we can see selling pressure. Aggressive traders can short below 12300 by keeping SL Above 12400 for Target of 12200 - 12000 - 11850.
Axis BankAxisbank CMP: 742.95
Successfully Close above 766: Long Term Bullish.
Targets: 785, 800, 825, 850, 875, 900+
SL: 730 close base.
OR
Current situation: Bearish :
Targets: 734, 724, 716, 700, 690, 666--
Education Purpose Only
ApolloTyre ShortLooks like it's going south. Its a little oversold but MACD has full sell signals.
I'd watch for the market depth and big orders deployed by MFs to add longs, Grab the opportunity to sell at upper resistance
Once cracked, bloodshed to 52wk low.
#DOUBLETOP #UPTRENDLINE #BREAKOUT #RSI #DIVERGENCEShort Below 420 Rs By Keeping SL Above 440 Rs For Target of 400 - 380 Rs.
Fibonacci Confluence day trading idea 23/12/2019Go long above 580 with a SL of 574.5 with the first target at 596-600 levels and second target at 605. Stock is at the zone of two Fibonacci range confluence and has closed above 200 EMA on daily timeframe with good strength (volumes). Furthermore, RSI has entered the trending zone of >50 (three days ago) which makes the stock bullish.
Two Screen System (W and D) Trend, Momentum, Volatility, VolumeTwo Screen System (W and D) Trend, Momentum, Volatility, Volume
This system will help reduce the clutter and present a multidimensional view of price behaviour.
Not trading advice, I am still a learner and trying to build a system which works for me.
bharti airtel intrdayIf market seems bullish go for a long .or vice versa
technical analysis & targets given in chart .
Kotak Mahindra Bank Conditional BullishClear uptrend in Monthly. Wide negative RSI Divergence is an issue here. Weekly shows a tight range, no conclusions. Daily creates a Descending Triangle. Will look for downward rejection candles and a break above Triangle in Daily to enter long with SL of 1540.
Nifty Inside Bar and Divergence ComboWe can clearly see the price struggling to breakout of the Weekly Levels. In the Daily, we can see a Negative Divergence with RSI (orange line) followed by Double Red Inside Bar. If today, the price breaks below the yesterday's range, we can expect quick down move.
DR Reddy Call Spread Options ShortNSE:DRREDDY shows negative divergence in Daily charts at the Monthly Resistance zones. Today, TL has been broken.
Used 75 min to enter short on this one, once the TL was broken along with break of support levels. EMA crossover had already occurred earlier. An options call spread is suitable in such circumstances to eat premium.
1. Bought 2850 CE at 23.4
2. Sold 2750 CE at 54.2
Breakeven: 2780
ICICI Bank Divergence: Reversal or just a halt?Higher TFs have alreadyy thrown a nice breakout to the ATH. Monthly RSI is overbought now. Looking at the price action, I don't see a big reversal of any sorts.
There is a nice 3 Bar Negative Classical Divergence (NCD) in the Daily. Also, it being at the ATHs and overbought levels make it more strong. The last candle was an upside rejection candle, again showing exhaution in momentum.
In the 75 min again, we see a nice wide NCD. Once the TL is broken and price makes a LL, one can look to enter short Intraday provided an opportunity arrives in the 15 min TF for a quick and small move.
HAVELLS INDIA SHORT IDEABEARISH DIVERGENCE IS SEEN WITH STOCHASTIC ONCE HORIZONTAL LINE IS BROKEN ON CLOSING BASIS IN 15 MINUTE CANDLE TARGET IS GIVEN WITH BLUE ARROW (664) :) STOPLOSS WILL BE SLIGHTLY ABOVE UPPER TRENDLINE 710 GOOD LUCK
NOTE: FOR EDUCATION ONLY
YOUR COMMENTS AND SUGGESTIONS ARE MORE THAN WELCOME FEEL FREE TO POST COMMENTS
THANKS
castrol short setupit is showing bearish divergence with stochastic upper trendline is stop loss if lower trendline is broken in 15 minute candle on closing basis targets are given with 2 horizontal lines
note:for education only
