Level Mention on chart 14780 - 14560 is market range . Till market trade between these range . LEVEL mention on chart.
resistance break with volume spike rising price with rising volume - great sign momentum bullish side rsi of multi time frames above 70 new all time high = 1902 stay long 🪁🪁🪁 disclaimer - trade @ own risk
entry above 45000 - 45100 for a stronger buyer 1st tgt 45280 zone rsi for time frames daly and weekly yet to gain momentum so wait n watch disclaimer - trade @ own risk
The relative strength index (RSI) is a momentum indicator used to measures the magnitude of recent price changes to evaluate overbought or oversold conditions RSI now in above chart shows neutral momentum between 45-55 ADX is majorly used by traders to see the strength of a trend it does not tell if the trend is up or down but says how strong is the current...
momentum rsi study hourly=76 > 4h=73 > daily=70 > weekly=68 all big time frames above 55mark as per this parameter - stay long till daily rsi close is above weekly close weekly time frame can be kept as support trend line for long rounding pattern neckling cross on 4hour tf weekly chart below for reference
OBSERVATION : 👉HEAD & SHOULDER NECKLINE BREAK 👉MOMEMTUM VIEW :- 15mn RSI > 25 1hr RSI > 31 4hr RSI > 34 D RSI > 38 INTERPRETATION :- ALL FRAMES RSI BELOW 45 = BEARISH MOMENTUM
breakdown below 8630-20 (on closing basis) can open targets - 8410 , 8200, 7990 stop 8850-90 positional hold 🛑chart pattern :- ascending trianlge 🛑 🛑technical wise :- support line break 🛑 🛑momentum wise :- bearish 🛑 disclaimer - for study purpose only
DAILY RSI = 73 4H RSI = 68 ( ABOVE 65, LESS THEN DAIILY RSI) HOURLY RSI = 65 ( @65, LESS THEN 4H RSI) 15mn RSI = 56 (LESS THEN HOURLY RSI) 🛑OBSERVATION🛑 :- ABSOLUTE MOMENTUM IS BULLISH ON ALL TIME FRAMES RELATIVE MOMENTUM SEEMS ON WEAK SIDE SUCH SITUATION CAN BE INTERPRETED AS OVERALL BULLISH TREND BUT WITH SIDEWAYS MOVE disclaimer - for study purpose only.
===================================================== ⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕ Don't rush to buy cause range breakout is still pending ....if breakout happen then only place the order --Buy above =910.35 or CMP --Target = 917.35 | 920 ...
Buy on Dips, once it breaks the near resistance it can easily move above 140+ range
Media Index hasn't really participated in the rally. Nifty Media is 122.4% away from ATH. Hence, some FIIs buying can be expected here. Network 18 also constitute around 6% of Nifty Media. I expect some rally in this stock. A small portion of the amount can be diversified here for positional play. Target - 45 Type of Trade - Positional Swing Duration - 45...
After a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first...
FAIR value:-3,148.05 / STOCK TRADING ON:-4,401.60, Its's gives us a oppurtunity to SHORT SELLING !!
MOMENTUM is losing & SYOCK PRICE is growing means theres a hiden oppurtunity for short selling
good risk reward ratio. go long after breakout For education purpose only.