M-oscillator
Bullish of Piramal PharmaIts following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs
Navin Fluorine INT - Looks Good!NSE:NAVINFLUOR - Daily Chart analysis
Price Vs RSI divergence seen on daily chart
Price Vs MACD divergence seen on daily chart
Bullish Head and Shoulder Pattern seen on daily chart.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Nifty is on the way to fill the gap?The Nifty is making new highs on the weekly chart, but it seems momentum is being lost, since the RSI is not moving in the price direction. A Bearish divergence is visible on the charts. Further, there is a 220-point gap between 20510 and 20290. This region also coincides with 50 EMA. If Nifty breaks from its current support region of 21850–21530, it is likely to fall further to 20290 levels.
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#Nifty50 #Nifty
Long: Stochastic Crossover in a non-trending securityFrom Swing Trading for Dummies using the following strategy
Identify whether a trading range exists by using ADX (preferably below 20)
Wait for %K to enter the overbought or oversold territory.
Buy the security when %K crosses up through %D and above the oversold zone.
Exit after stochastics reaches the opposite zone. Alternatively, you can exit after a return target is achieved or a certain number of days have passed.
HDFC AMC Ltd Cmp 3875 Rectangle BO & Rounding Pattern BOHDFC AMC Ltd Cmp 3875 dated 16-2-2024
Weekly Chart (Investment Idea)
1. Rounding Pattern BO @ 3880
2. Rectangle Consolidation BO @ 3880
Buy above 3880 & dips till 3700 tgt 4000-4200-4400-4600-4800-5000-5200 SL 3550
Pattern Target is 6000 SL 3300
CENTRALBK Looking RSI Bearish DivergenceIn weekly chart, RSI making bearish divergence.
RSI also Above 70 level in Weekly Candle and making Bearish Divergence.
As per my View on Future Price may come at Rs.45
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 1.21% over past five years.
Company has a low return on equity of 2.23% over last 3 years.
Contingent liabilities of Rs.1,43,504 Cr.
Company might be capitalizing the interest cost.
CPRX Long TradeFirst time trading this strategy on Stocks. Price recently reached the bottom of a Channel. I spotted a possible Hidden Divergence on the MACD. Price also recently rejected off the LuxAlgo False Breakout Zone (Highlighted Blue). 3 signs of a possible reversal, Momentum is also headed upward on the MACD. Stop Loss is set at 13.10. I plan on holding this until it reaches the top of the channel.
EUR/AUD SHORT I waited patiently for Price to Reach the Top of the Trend Line Channel. Once it reached the top i realized the Highs on the MACD were higher than the Last Swing High (Hidden Divergence). Momentum started pushing towards the Down Side. I placed a Sell Stop at 1.65074 and set the Stop Loss at the bottom of the last Demand Zone.
Nas100 Short TradeNasdaq has been Diverging on the Daily MACD since January 26th. Momentum is finally signaling towards the down side. Failing to make Higher Highs on the 4 Hour Time Frame, rejecting perfectly off of the upper Trend Line. Confirming that there is a Trend Change coming. Stop Loss placed above the Trend Line at 18092.26.
Dilip Buildcon Ltd forms Bottom Triangle/Wedge + Divergence
A Bottom Triangle/wedge shows two converging trendlines as prices reach lower highs and higher lows.
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
There is divergence seen Price vs RSI and Price Vs MACD .
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade