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Oscillators

SHIBUSDTThere is a long consolidation or sideways price action seen within parallel channel, when it has given breakout, there was a good intensity of volume at breakout candle, also it was along with trendline breakout in (RSI) relative strength index too, so it was double confirmation as per channel breakout, target should be equal to depth of channel, which was achieved almost double. one can go long in this type of scenarios with stop loss of Low of breakout candle, because there was a good volume. Another breakout seen in flag pattern with increasing volume and rsi breakout same as above, which was again double confirmation. here target as per flag pattern should be equal to highest depth of flag pattern, which was achieved very nicely, one can go long in this type of scenarios with stop loss of Low of breakout candle. These types of patterns are working very wonderfully in any type of stocks, commodities, forex etc. etc. Usually risk reward ratio also allows to trade in this types of patterns. Enjoy Learnings, Thanks. Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
by RK_Chaarts
SUNDARAMFIN :: LONG BUILDUPSUNDARAMFIN :: LONG BUILDUP (Price, Volume & Momentum picking up) ---------------------------------------------------------------------------------- -- Buy when price sustains / retraces above 2550 -- Sell below 2380 (ST) or below 2290 (LT) -- Trail using FIB Levels or SuperTrend Indicator Reasons for increased probability:: ---------------------------------------------- -- Ultrahigh volumes + delivery seen in the last two candles.. -- Piercing Candle Pattern -- RSI Trendline breakout seen in 4HR .. -- Price Volatility is contracting (VCP). /** Caution : Midcap financial stock... Prefer allocating 5-10% of your capital. This is just a probability and trade at your own risk.. And re-read "Risk Management". Consult your financial advisor to know more about the risks associated with buying / selling shares. **/
NSE:SUNDARMFINLong
by rkvsenthil
Fortis :: LONG Buildup Low Risk Fortis :: LONG Buildup Low Risk ------------------------------------- -- Buy at Current Levels 255 - 265 -- Initial S/L 245 for ST Traders ( 232 for LT) -- Add more when price sustains or retraces to FIB levels above.. -- Trail S/L using FIB Levels or SuperTrend indicator Reasons for increased probability:: ---------------------------------------------- -- RSI Divergence and price Gapping up near Parallel Channel Bottom. -- Price near multi-year Resistance Line,, Rewards will be good if the upcoming results are good /** Caution : Midcap Healthcare stock... Prefer allocating <10% of your capital. This is just a probability and trade only if you know about "Risk Management". Consult your financial advisor to know more about the risks associated with buying / selling shares. **/
NSE:FORTISLong
by rkvsenthil
Potential BTC EntriesThis is what I currently see in the price BTC/USD. It got a rejection on the 58K level (Red box which acts as resistance). The next major level of support is 53.5K approximately. It also shows confluence with the 0.236 fib level. If I'm going to enter I'm planning to place my orders at around: 53.6K 52.6K 51.5K 50.8K 49.8K 48.6K I would place the different orders because I don't want to have some capital to buy in at lower prices. But if we go lower then 48K, we might have a problem I think.
BITSTAMP:BTCUSDLong
by Awinish
AUTOAXLES :: LONG BuildupAUTOAXLES :: LONG Buildup ----------------------------------- Good Entry levels 1390 - 1400 Initial S/L - 1205 Target 1560+++ Many positive Technical signs -- Trendline reversal, RSI breakout, recent Parallel channel breakout. Trail your S/L using SuperTrend Indicator and ride the trend.. Stock went thru Long consolidation,, so one may expect Large Reward if the upcoming results are good. /** Caution : Smallcap Automobile stock... Prefer allocating <5% of your capital. And consult your financial advisor to know more about the risks associated with buying / selling shares. **/
NSE:AUTOAXLESLong
by rkvsenthil
Bullish RSI Divergence - Case Study #2 with future tradeIn case of AFFLE India, in the daily chart frame, we can observe the price made a lower low before finally making an upmove from 3800 to 4350. However the RSI made high lows which is the complete opposite of the price movement. This indicated that the buyer strength was increasing even with the drop in price. How should one trade? One should go long with a SL below the latest low of the price i.e. 3800 In this case, since the stock has already moved up, one should wait for the stock to again come back to 4000-4200 levels for buying with a SL below 3800. One can take a target of 5000 and beyond in short term. The stock is a quality bet which is now available at almost 30% discount from its 52 wk high.
NSE:AFFLELong
by tksthathachari
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