Flag and pole is continuation pattern. USD/INR is in up trend since long time and currently it has done break out of flag. Target 1 is achieved based on size of flag. Target 2 is pending for achievement and may achieve in upcoming time. Traders are requested to do their own analysis. Please mention your view in comment.
In Silver, we have seen double top pattern forming in 3 hourly timeframe. The double top pattern is reversal price action where prices make almost two equal high from the previous support price levels. Silver is in down trend in daily timeframe as we can see and rejection from resistance level is good level to short. There is bearish divergence on top of double...
Gail is at the support and Bollinger Bands are squeezed and the breakdown of the lower band. Macd is Bearish Crossover RSI is below 40 So short near the close of the candle for the targets of 84 and 78.
Hey, check out the trade setup for Industower All 3 parameters are matched for a short trade. Trade setup in Futures Short : 193.10 Stoploss : 201 Target : 170 and 163 Options Trade Bear Spread Buy 29Sep2022 195PE Sell 29Sep2022 190PE Max. Profit: ₹ +7,280 Max. Loss: ₹ -6,720
COROMANDEL INTL CMP 1045 DATED 22-9-2022 1. Rectangle Consolidation 2. RSI had triangle BO Buy above 1045 for target of 1065-1095-1150 SL 1015 Pattern Target 1200 SL 990 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...
TVS Motor Cmp 1068 dated 21-9-2022 1. Shooting Star Candle at Top of the chart. 2. RSI reversal. Sell below 1065 for a target of 1035-1015-1000 SL 1095 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...
Wipro: complete Head and Shoulder pattern Only for aducation parpose
Dr Lal Path Lab Cmp 2333 dated 20-9-2022 1. Trendline Support taken & reversed. 2. RSI Reversal 3. Triangle Formation Buy @ Cmp for target 2365-2450-2550 SL 2250 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...
Lupin looks very weak on the daily charts. Trade setup according to the 3 parameter strategy Short - 632 Enter the trade near the close Stoploss - 664 for the aggressive traders Target 1 - 613 Target 2 - 557
Nifty Daily creates a negative divergence on 13th Sept, where price attains a HH without RSI follows it (see the brown circles in price/RSI). Per common wisdom, negative divergence needs to correct below the previous swing low (29th Aug @ ~17200) to correct the divergence. Now how far? Well the next Fib support is at golden ratio ~17000. Just empirical -...
By the today's horrible move by index it's not easy to digest to anyone that it could fall more rapidly in coming sessions while it already sliced 500 points in last three to four days so I want to find out what actually happened and what could happen next so what I saw is that a bearish divergence is standing over there on the top which acted a resistance as well...
UNO Minda Cmp 592 dated 9-9-2022 1. Rounding Pattern BO @595 2. RSI has Symmetrical triangle BO. Rounding Pattern Tgt & Fibonnachi 1.618 level has same targets. Buy for a tgt of 625-775 SL 545 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...
Titan Cmp 2656 dated 15-9-2022 SELL 1. Dark Cloud Cover Candle Stick (Bearish) 2. Double Top made 3. RSI Breakdown. 4. Trendline Breakdown Sell below 2645 for a target 2590-2540-2450- 2400 SL 2725 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis...
Looks like good buy possibility as per chart - Entry near 717 SL below 710 Targets variable.
Go Long::::: Valiant Organics Daily Time frame RSI Bullish divergence
stock corrected almost 50% from its 52 week high and we can see double top formation and price corrected and now double bottom is formed and cup is made of double bottom with falling wedge as handle now we can consider it to be in the buyzone and we also see rsi positive divergence + price closing above 75 ema so multiple signals prove that we have a...
we can see double bottom , rsi positive divergence and now the price is above 75 ema so it is in buying zone and price already corrected from 52 week highs can accumlate for good risk reward ratio
we can see price is falling and rsi is showing positive divergence the stock has fallen from very high price till now did not rally in this bull run so it might turn around