Moving Average Convergence / Divergence (MACD)

Weekly Indicators are turning from bearish and showing bullish signals. So pls refer chart .. This is not a intraday/expiry call Vijayaraghavan.K, Kovilpatti.

Titan Chart shows Bearish Divergence on RSI, Stoch RSI and Momentum too. A pull Back is possible but overall Stock looks bullish for longer term. Bearish Divergence + Price approaching Resistance may bring the Price Down. If setup fails and breaks 910, Wait and buy the retest of 900 areas in next couple of days.

Breakout happen already. MACD Crossover may happen on coming days. These will help to achieve target Pls refer chart.. Vijayaraghavan.K, Kovilpatti.

MACD BULLISH DIVERGENCE: SIGNAL FOR RELIABLE STRONG BUY

LOOK IN THE CHART

conditional buy

A short sell setup on weekly chart.

Weekly flag breakout with high volume. Target is open but acc to pattern given as height of the pole. SL is place at the low of last candle a.k.a new support.

Go long after breakout with high volume and MACD crossover. Target is height of the range. Targets and SL in chart.

Head and Shoulder setup on Jain Irrigation with the support of MACD as well as RSI indicators indicating downward trend.

it may blast the roof (03/05/2017)

Channel move . Lower part of Channel is support which if broken can damage the current uptrend

* 17 years triangle breakout * Bullish crossover on MACD

pSAR, MACD and Stoch indicating reversal and this can be a better opportunity to enter longs in Nifty. SL would be 9150 (spot rate).

RIL looks weak. If it sustains 1320-30 levels then further upside. If it breaks below 1310 will take support at 1250. Short RIL below 1310 Target 1: 1280 Target 2: 1250 Stoploss: 1325 R/R: 1:4 Regards

BSE:DCBBANK

Ascending Triangle formation on Grasim. price may break above the support line and MACD showing bullish crossover on bullish trend. Trade: Buy above - 1101 Target 1 - 1112 Target 2 - 1124 Stop loss - 1188

Potential short may develop in the stock as it is making higher high but RSI is not supporting it and showing divergence. Its reading is also coming out of Overbought Zone. So far it is making Wolfe Wave. As if now trade has not developed yet but one can put it into the watch list to take the appropriate action timely.