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Oscillators

SRF Ltd Cmp 2114 dated 23-1-2023 Bottom OUTSRF Ltd Cmp 2114 dated 23-1-2023 Bottom OUT 1. Reversal sign from support. 2. RSI Divergence 3. Good risk reward ratio. 4. Scrip has corrected 25 % from top. Buy above 2120 for target 2150-2225-2285-2340 SL 2050 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:SRFLong
by SHEETAL_UDESHI
2
PEL Cmp 860 dated 31-1-2023 Triangle BOPEL Cmp 860 dated 31-1-2023 1. Triangle BO done @ 855 2. Chart making higher lows. 3. RSI BO Buy @ Cmp for target 880-900-925 SL 820 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:PELLong
by SHEETAL_UDESHI
1
Hindalco Cmp 445 dated 9-2-2023 Triple Bottom @ SupportHindalco Cmp 445 dated 9-2-2023 1. Triple Bottom made @ support line. 2. RSI Reversal 3. Reversed from Support Line. Buy @ Cmp for target 455-468-482-495-500 SL 425 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:HINDALCOLong
by SHEETAL_UDESHI
2
Bajaj Finance Cmp 6014 dated 3-2-2023 Trend ReversalBajaj Finance Cmp 6014 dated 3-2-2023 1. Trend Reversal seen on chart after the correction of almost 25 %. 2. RSI BO Buy above 6030 for target 6130-6205-6335-6490 SL 5850 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:BAJFINANCELong
by SHEETAL_UDESHI
6
Bajaj Auto 3717 dated 25-1-2023 Triangle BOBajaj Auto 3717 dated 25-1-2023 1. Triangle Bo done @ 3705 2. RSI BO 3. Quarter result came excellent. Buy @ CMP for target 3770-3815-3885 SL 3650 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:BAJAJ_AUTOLong
by SHEETAL_UDESHI
3
Trent Cmp 1203 dated 24-1-2023 Hammer CandleTrent Cmp 1203 dated 24-1-2023 Live mkt 2.35 1. Hammer Candle @ bottom 2. Candle is made after a correction of more than 20 % 3. RSI Divergence Buy @ CMP for target 1235-1255-1290-1310- 1350 SL 1150 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:TRENTLong
by SHEETAL_UDESHI
Bank Nifty Cmp 42507 dated 20-1-2023Bank Nifty Cmp 42507 dated 20-1-2023 Positional : 1. Rectangle formation BO @ 42710 2. RSI Divergence. Buy above 42710 for target 42910-43150-43305- 43580-44150 SL 41700 Sell Below 41800 for target 41520-41250- 41100-40850 SL 42500 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:BANKNIFTYLong
by SHEETAL_UDESHI
1
Trent Ltd Cmp 1223 dated 18-1-2023 Hammer Candle Trent Cmp 1223 dated 18-1-2023 1. Hammer Candle @ bottom 2. Candle is made after a correction of 20 % 3. RSI Divergence Buy @ Cmp for target 1250-1285-1310-1360 SL 1180 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:TRENTLong
by SHEETAL_UDESHI
1
Maruti Cmp 8479 dated 17-1-2023 Triangle BOMaruti Cmp 8479 dated 17-1-2023 1. Triangle Pattern, BO above 8500. 2. RSI on verge of BO 3. Chart making higher lows. Buy above 8500 for target 8575-8625-8695-8750 8850-9000 Sl 8350 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:MARUTILong
by SHEETAL_UDESHI
Varun Berverages Cmp 1207 dated 16-1-2023 Bullish Piercing Varun Berverages Cmp 1207 dated 16-1-2023 1. Bullish Piercing Candle @ support. 2. RSI Divergence Buy above 1215 for target 1230-1270-1295-1330 SL 1140 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:VBLLong
by SHEETAL_UDESHI
1
What Is the RSI Indicator & RSI DivergenceRSI - Relative Strength Index Indicator: The Relative Strength Index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. It is important to note that the RSI does not indicate whether a stock is a buy or a sell; rather, it provides insight into the current trend of the stock. The RSI is a versatile indicator that can be used by traders of all levels and can be adapted for any style of trading. For example, a trader may use the RSI to identify support or resistance levels, or to spot divergences that can be used to predict future price movements. The RSI can also be used to locate potential trading opportunities by looking for overbought or oversold conditions. Furthermore, the RSI can be used in combination with other indicators, such as moving averages, to gain a better understanding of the market’s overall trend. Formula of RSI: The RSI is calculated using a formula that compares the magnitude of recent gains against recent losses over a specified period. The formula for the RSI is: RSI = 100 - (100 / (1 + (Average of Upward Price Movements / Average of Downward Price Movements))) What is periods in RSI: Periods in RSI (Relative Strength Index) are the number of time periods used to calculate the RSI. The most commonly used period for RSI is 14, but other periods such as 7, 9, and 25 are also used. This number represents the number of time periods that are used to calculate the RSI, so a period of 14 would mean the RSI is being calculated using the last 14 time periods. RSI divergence: RSI divergences are a type of technical analysis used to identify potential trend reversals in the markets. They are based on the Relative Strength Index (RSI) and are used to spot potential trend reversals before they occur. A divergence occurs when the price of an asset makes a higher high, but the RSI makes a lower high. This suggests that the current rally is losing momentum and may reverse course. Similarly, a lower low in the price and a higher low in the RSI may signal an impending rally. Divergences are best used in conjunction with other technical indicators and analysis to confirm price action. It is also important to keep in mind that divergences do not always lead to reversals and may simply signal a period of consolidation before the price continues its current trend. Divergence Cheat Sheet / Types of Divergence:
Education
by AfnanTAjuddin
1
'GOLDIAM' ready to boom like 'GOLD' !!!We all have witnessed the bombastic rally of Gold & Silver, now it seems that companies that are engaged in business related to gold & silver are going to buzz. Let's have a detailed overview of the stock in prominent timeframes. Daily Timeframe: - Goldiam has shown a breakout from a right-angled broadening wedge pattern which was under construction for the last 4 months. Thunder Volumes supports the breakout. Also, there is an RSI breakout which indicates the strength of the stock. All moving averages were been converged, and now slowly 20DEMA is diverging and crossing above all important moving averages this indicates that the stock has finished the choppiness and is ready for a fresh move. Weekly Timeframe: - Goldiam is breaking from a time-long consolidation phase after base building formation. Record Volumes this week indicate strong interest in market participants. RSI is also given a breakout from a channel and now sustaining above 60 which confirms the strength. My Observation: The only thing to ponder is the Daily RSI is at 79, and Goldiam has shown a continuous move of almost 20% in the last 4 days, so I must suggest to deploy 50% position now and wait to cool off i.e. accumulate around 155-150 which is the breakout level.
NSE:GOLDIAMLong
by Chaser30
2