Macdhistogram

RGL Cup and Handle Formation Signals Potential 16% Upside In the daily time frame chart of Renaissance Global Ltd (RGL), I have identified a compelling Cup and Handle pattern, which is a bullish continuation formation that suggests potential for upward movement in the stock price. Currently, the stock appears to be in the process of forming the handle, a critical phase where consolidation occurs after the initial cup formation. The handle formation is being supported by the Fibonacci retracement level of 61.8%, which is often viewed as a significant s

Let it Rain!Technical Analysis of Rain : Over the past two years, Rain's price has been in a consolidation phase following a significant 300% increase from April 2020 to July 2021. It's important to note that this price surge occurred alongside a broader market rally during the same period. Positive Indicators : The weekly and monthly charts highlight some encouraging signs. Notably, there has been a sudden increase in trading volume , and the MACD lines and bars have been flatlining on the monthly tim

by sandeepbalachandran

JAGSNPHARM rising in silence !!!!JAGSONAPAL PHARMA has formed a bullish flag pattern in large time frame, and now is giving its breakout, with RSI above 60 and MACD histogram turns positive with buzzing volume, could soon see levels of 250.

Panic market crash may be seen ahead of Ayodhya verdict Nifty developed an 'evening star' pattern in daily chart, which is a very strong bearish signal. Ahead of Ayodhya verdict, market is selling off from the strong selling zone near all time high. There is a strong possibility of an extreme volatile market in the coming days due to the high sensitivity of the issue. If price breaks the blue trendline, I am anticipating a downward rally till price reaches the strong buy zone as marked in the chart. Also, a clear bearish divergence in MACD histogr

BTST IN CHOLAFIN SEPT FUT BTST IN CHOLAFIN SEPTEMBER FUTURES WILL TEST THE DOWNWARD SLOPLING TRENDLINE MACD GAINING POSITIVE MOMENTUM BUY@1478 STOP@1463 TARGET@1498 LOT:500 QTY:1

by manavtechresearch

Nifty: Price Action Macd Strategy: Revisited Free stuff -- something which we ignore in haste. Unfortunately, whatever education I have been doling out is absolutely free. So please bear with me. Rules: ------- Only Long trades when price > 55 EMA Only short trades when price < 55 EMA ------------------------------------------------------------------------------------------------------------------------------- Time Frame 1H ------------------------------------------------------------------------------------------------------------

by Bravetotrade

SOUTHBANK Heads NORTH : Breakout Play SOUTHBANK breaks out of a daily consolidation with support from volumes. MACD indicator supports well with a positive cross as well as rising MACD Histogram. That means both trend and momentum are in favour of this move up. On the upside, immediate target comes in at 35-36 zone.

by Abhijit_Paul