M-oscillator
Reliance Buyers can Enter Soon Reliance Buy At CMP 1250-1255 Stoploss is 1190 Target is 1337-1420
Reasons For Trade- 1. Reliance is Near to importnant trendline support as well as Horizontal Support 2. 200 Days EMA support is Near to 1200 on daily chart 3. Risk Reward is 1:5
Tata steel short tradePossible short trade
'if' price comes near 492
SL 498
Squaareoff 480
Paper trade. Only for observation.
How to identify Hidden divergence with the help of RSIThis example is bets suited for RSI hidden divergence.
We all know double bottom or double top RSi divergence to identify trend reversals.
But with the help of Hidden divergence we can find out trend continuation.
Lets start !!
- On 18 April stock is traded 411 and RSI shows the 51.29 reading .
- But it break the support level and fall further.
- it again renounce back to 411 level but this time RSI shows 68 levels which close to overbought region .
- At present condition we have resistance level 412 also.
- So we can Short it with the stop 412 on closing basis .
Only Condition is stock has to be in same trend Down or Up
See the Past example
Hindpetro possible shortShort trade possible in Hindpetro
from cmp 318 for target of 306.
SL above 322.
Invalid if opens gap up above 322.
HINDZINC | TRADE NIVESHHINDZINC Last day list in bearish stock but today in bullish stocks list you can buy above 249.8 and Stop Loss 245.95
Short NiftyThe fall for nifty has just started, short it as soon as it breaks today's low of 11615 with a stop-loss at 11700 with a target of 10500 in the coming days ! Keep Trailing your stoploss and keep re-entering at every intraday high ! In the coming months, am seeing nifty around 10000-9500 range before starting the next phase of our bull run.
Risk:Reward = 1:13
Short BankNiftyThe fall has just begun ! Short banknifty as soon as it breaks todays low of 30297 and keep a stoploss at 30409 with a target of 28500 over a few days !
Risk:Reward = 1:16
once reached our target will revise the new targets again !
In the coming months we will see Banknifty around 27500 levels.
Nifty will fall in coming monthsMarkets will fall in coming months, RSI is showing a clear Negative Divergence on the monthly chart. 10 yr long Bull Run needs to end before we start the next phase of our markets.
Infy short term buybouncing from channel bottom
can buy till 700 for targets 750, 770, 790
SL below 690 (gap)
confirmation once trading above ma
Positional setup 4 HUL positional sell setup for hul with sl around 1720/25 zone with targets around 1550/1500/1395/1284
shorthidden bearish divergence on hourly and possible head and shoulders pattern on daily makes it an ideal shorting candidate.short once price breaks doen 50 ma on 15 min tf
BULLISH AT CURRENT LEVELS ON 31/12/2018 @ 1107.85LONG WITH UPSIDE TARGETS OF 1200 & 1268 WITH SL OF 990 AS PER MOMENTUM & FIBONACCI!
SHORT TERM || SELL || TCSSell TCS on rise with SL of 2275 and targets of 2175/2150. Adjust your trading volumes as per trading price and respect the Stop losses.
Ready for a pullback yet?Bearish divergence in play. RSI has already broken down. Price confirmation awaited. A definitive close below 7450 could lead the price back to demand zone.
SHORT TERM || BUY || RELCAPITALBuy Relcapital with SL of 124 and targets of 152/160/168. Adjust volumes as per entry price and respect the stop losses.
