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Macdivergence

Prataap snacks Ltd - MACD Crossover📊 Script: DIAMONDYD (PRATAAP SNACKS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FMCG 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Packaged Foods DAILY TIMEFRAME Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Script is moving towards its resistance level which is 908. 📈 Current RSI is around 76. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 869 🟢 Target 🎯🏆 - 908 , 1000 ⚠️ Stoploss ☠️🚫 - 799 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:DIAMONDYDLong
by radha_23
Waves and inverted triangle in GAILThe public sector stocks are always an attractive pick. But with a great technical setup, it can be a good buy choice. The below is the analysis for GAIL India. 1. The trend formed is not exactly a wedge, it is like an inverted triangle. The high points were touched 4 times, thus establishing the upper resistance and rise in trend. Similarly there were higher-lows formation in the support zone. Establishing a bullish pattern. 2. The price movements resemble an Elliot's wave (within the inverted triangle) but then, they have to be tested for retracement but the waves are strong and clear enough. These waves are the price swings over the periods of time. The next upswing is expected to touch 180. 3. There is a gradual decrease in average volume, so an upward breakout is expected. There were similar volume-breakouts previously. 4. From High 3 to High 4 in price movement, we see that the momentum indicator has slowed down, signaling a divergence. And as the MACS divergence pointed, there was a sharp decrease in price. Now the EMA has crossed the signal line, so it can be the time for the next up-move. As, the price is now at the support level. If the trend and waves keep the move going, we can see a good bullish move up. (PS. This is not an investment advice. Do your own due diligence before investing in any company)
NSE:GAILLong
by Robert_Oppenheimer
12
Spotting A Crash With RSI and MACD in five stepsFollowing are common things one can spot on weekly chart which happen before fall/crash of 2008 and 2020, similar thing can be found in other indices and on all time frames in chart 1. Price will continue to make higher high RSI or MACD indicators will show trend exhaustion with lower high not breaking previous high 2. Series of Negative divergence is seen on chart, look for 3 or more (RSI is leading indicator will produce more divergences compared to MACD) 3. Look for Head and Shoulders or Rising wedge or double top pattern on chart at top of trend 4. Finally Divergence line is broken out upside signaling final move started, that's exit signal 1. 5. Rsi will break line again downside and MACD crosses below signal line, that's exit signal 2. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of your financial advisors before investing/trading. Not recommended to take FnO positions based on this analysis
NSE:CNX500Education
by Niftydirection
2