Nifty Hourly charts and the Rohits Momentum now share a positive bullish divergence and one more buy signal afterward. Minor wave ii? Everytime you do not get a V shaped recovery but price action is a process that you have to follow with all the arsenals you have in Technical Analysis.
IRCTC Cmp 830 DATED 25.1.2022 1. Closed above trendline. 2. RSI reversal. Buy for a tgt of 855-875-910 SL 785 It is just a view, pls trade at your own risk.
Something cookiing in gold mini. weekly contraction + traingle breakout on cards. rsi near 60 too once it breaches 60 can pick up some momentum. Detailed Analysis is given on chart
The hourly Rohits momentum indicator gave abuy signal that failed and flipped back to sell, which allows for risk management by traders but that does not change the Elliott Wave view that we are in wave II. That requires deeper thinking and observations. The only alternate is wave 5 was truncated and the recent top ended an 18-month bull phase. Time will tell...
Isec Long (13 Jan) Around 5 months consolidation is over Buy at CMP- 800 SL- 751 Target- 877, 916 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
A clear RSI divergence is visible on NIfty 50 indicating bullish momentum in upcoming sessions, just a breakout and retest and you are good to go.
The signal is the first sign, wave counts add weight to it and a higher time frame chart like the daily chart needs to confirm it. That is the process we follow and this was a start at 1.00pm today. Lets see the follow up. Position sizing in play
If CESC Sustain above 93.05 and closes then there is a good chances of achieving the TG1 95.80-96 & TG2 98.35-98.70 with the stop Loss of 90.80-90.60 which ever is suitable according to you And if you see Weekly Candle then it closed above 92.15 which is a good signal, My prediction is that if it breaks 93 then we will see a good move with in few days. even RSI...
PowerGrid has broken out of a Bullish Pennant with a big 5% green candle today. This movement coincides with a crossover in the MACD indicator, signaling the commencement of an upward trend.
Indigo Cmp 2112 dated 18.1.2021 1. Bearish Engulfing Candle Stick. 2. A day before a Doji Candle made. 3. RSI negative Divergence. Sell for a tgt of 2050-1975 SL 2175 It is just a view, pls trade at your own risk.
JSW STEEL CMP 680 DATED 18.1.2022 SELL 1. Bearish Candle. 2. RSI Negative Divergence. Sell below 675 for a tgt of 660-650-640-630 SL 695 It is just a view, pls trade at your own risk.
Dmart Cmp 4323 dated 14.1.2022 1. Very Strong support @ 4190 2. RSI divergence. Buy for a tgt of 4500-4650-4800 SL 4175 It is just a view, pls trade at your own risk.
HFCL Cmp 92 dated 14.1.2022 1. 2 Triangles Formed a. one on longer time frame & another on shorter time frame. 2. Volume Surged 3. RSI also triangle BO Buy for a tgt of 115 & 130 SL 80 It is just a view, pls trade at your own risk.
Gold Long Buy at CMP- 47920 SL- 47780 Target- 48066, 48125, 48195 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Wipro Long Strong resistance breakout with good volumes RSI-67 Buy at CMP- 697 SL- 652 Target- 762, 789 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Tatva Chintan Pharma Cmp 2780 dated 12.1.2022 1. Triangle Pattern on chart BO @ 2775 2. Rounding Pattern on RSI Buy for a tgt of 3200+ SL 2665 It is just a view, pls trade at your own risk.
Bajaj Auto Cmp 3435 dated 10.01.2022 1. Ascending Triangle Pattern 2. Rounding Pattern On RSI Buy for a tgt of 3560-3680-3780-3850 SL 3370 It is just a view, pls trade at your own risk.