Negative RSI divergence on the daily chart of Adani Enterprises. A good candidate for Positional Short. Note- Strictly for educational purposes. Do your own analysis before taking the trade.
NEGATIVE DIVERGENCE SHOWN IN BAJAJ-AUTO IN 15MIN TIMEFRAME. IT CAN RETEST THE TREND LINE THEN CAN GIVE THE EXPECTED TARGET. MORE INFO SHOWN IN CHART
NIFTY has been trading near the resistance zone(78.6 Fibonacci level) from the past week and it has closed near the lower trend line of the rising wedge pattern. There is a Negative divergence on RSI as well. If it headed for the reversal, it's likely to find support at 61.8 Fibonacci level i.e, at 10550 (or) at 50 Fibonacci level, which is around 10000. Cheers....
As clearly shown on charts, Mindtree is currently facing weekly timeframe resistance 1) Momentum loss clearly seen 2) RSI below 60 3) Double Top Formation 4) Negative Divergence seen on daily charts Confirmation of the pattern if 880 Broken, One can enter into positional long for a target of 730
As shown in charts 1) Currently trading Near Monthly Resistance 2) Inside Candle Formed 3) Negative Divergence Spotted If breaks 609, One can wait for target of 580 or more
ICICI Bank is forming a reverse Head and Shoulder Pattern on a 2 H time frame. The next support would be between 309 -311. There is also a negative divergence on the RSI. Can go short on Monday
One can trade position easily on the break of trend line with your risk reward ratio As per my Inspiration,Mr Mitesh Patel, When you know the stock is going to fall, dont just keep watching, take some action at least as per your risk capacity. 1) Short in Cash 2) Buy Put 3) Sell Call 4) Short in Futures Remember to follow Money Management Trade as per your...
Alert!... Bajaj finance making continuous Lower low as well as a negative divergence in stock price. We can see the level of 1000 or below in coming 6 month. Any pull back will be a bear trap so don't buy it unless price got settled.
Dmart forming continues negative Divergence. Price will start falling if it can't hold the high if 2500-2400. Trade with stop loss. Once close below 1700 it will easily fall to 1000 or much lower level.
NSE:HCLTECH HCLTECH weekly double top and rsi negative divergence... SHORT SHORT SHORT
MOMENTUM TRADE IN UJJIVAN FUT APRIL FUT BUY@324 STOP@314 TARGET@334 ST TARGET@344 LT LOT:1600 QTY:3 NEGATIVE DIVERGENCE SEEN TRADE WITH STRICT STOP GOLDEN CROSSOVER SEEN (50-DMA C/O 200-DMA)
Axis Bank has crucial the upper trendline Resistance at 575 and is forming Inverted H&S Pattern which is a bearish Pattern. Can be shorted below 554. SL 563 Please consider following reasons - 1. Trend Line Resistance 2. Negative Divergence on Stocastic 3. Inverted Cup and Handle Pattern
ITC has crucial the upper trendline Resistance at 292 and can fall from that Levels and broke 0.5% Fibonacci Support at 287. Can be shorted below 290, SL - 296 Please consider following reasons - 1. Trend Line 2. Negative Divergence 3. Poor Market Sentiment
Asian Paint has crucial Fibo 0.5 resistance at 1255. Can be shorted below 1255 for 1240-1230-1220. Also in case the share bounces from the resistance of 1255. Look to short around 1275. Please consider the following reasons : 1. Trend Line 2. Bearish candle on Daily Chart 3. Double Top Formation 4. Poor market sentiment
could be double top at 10150-10180 levels great risk reward for shorts on nifty stop loss at 10200 targets 9950/9900/9800,negative divergences of price with RSI & MACD can be seen on nifty daily charts
Everything is mentioned on chart... Note: Do your own study before making any position...
On the daily charts of Piramal Enterprise, Negative RSI Divergance has been formed... Looking towards price, it is standing on important support... RSI Negative Divergance is indicating that it may break that support, If it breaks that support we may see more down side.. Targets will be 2760/2700/2650/2600 SL will be 2800 If it dosent break that then...