Intraday idea. There is good chance L&TFH may break down below the 76.65 support level (76.55, is we go a little further left), which it has tested multiple times before, as RSI looks bearish.
Notice the RSI divergence. But this is coming when the stock (and the market) is bearish. Also, the RSI is ranging from 20-60, and not 40-80. So, I would say the support for EICHERMOT will be near 2015 thereabouts, rather than 2305.
Bearish/Negative RSI Divergence observed today on BNF 15min chart. Te gap was just 2 candles and hence a steep fall even though the difference in price/RSI was minimal. Power of RSI divergence.
Radico Long Parallel channel breakout Strong volumes RSI-66 Buy at CMP- 1210 SL- 1107 Target- 1360 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
After a straight downfall we can finally see a inv head and pattern shoulder which is a reversal pattern one can hop in. RSI is also showing strength. Best entry will after retest of the breakout Red zones are my assumption where script might reach Do your own analysis before taking the trade
Godrej Consumer Cmp 958 dated 22.12.2021 Rectangle Consolidation BO @ 960 Buy Above 960 for z tgt of 985-1010-1035 sl 925
Grasim Cmp 1636 dated 21.12.2021 1. Taken Support at the trendline. 2. RSI Divergence. Buy for a tgt of 1670-1715-1750 SL 1600 It is just a view, pls trade at your own risk.
Crude oil short (20 Dec) RSI- 29 Long term support breakdown Sell at CMP- 5195 SL- 5235 Target- 5091, 5043, 5015 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Ibulhsgfin Long Strong resistance breakout RSI- 62 Buy at CMP- 261 SL- 235 Target- 288, 310 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Jindalpoly Long (06 Dec) RSI- 67 Buy at CMP- 1145 SL- 1084 Target- 1289, 1330 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
TV18BRDCST Long Strong resistance breakout on weekly closing with good volumes RSI-72 Buy at CMP- 49.8 SL-44.2 Target- 57.5, 60.5, 63.2 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
STATE BANK OF INDIA CMP 468 DATED 17-12-2021 TRENDLINE SUPPORT @ 465 BREAKING BELOW 465 TGT OF 455-445-435 IF IT TAKES SUPPORT @ 465 moves up than the tgt will be 480-490 & 500
ICICI Prudential Cmp 577 dated 14.12.2021 1. Double Bottom Support @ 565 taken. 2. Piercing Engulfing Candle Stick @ bottom of chart. 2. RSI Divergence. Buy for a tgt of 585-595-605-615-625 SL 562 It is just a view, pls trade at your own risk.
HFCL Long RSI-71 Buy at CMP- 91 SL- 83 Target- 102.2, 111.5 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
A Bullish Inverse Head & Shoulder pattern is Formed in Venkey's India Ltd. on hourly chart as drawn in chart. Same time MACD is also above Zero line , Breakout is happened with Volume spike above price levels of 2680 i.e. Neck line. Target price 3172. As per moving Averages too it's sustaining above all moving averages. Indicating upward rally in it's prices....
Easy Trip Planners Cmp 569 dated 10.12.2021 1. Triangle BO @ 572. Buy for a tgt of 600-635-660-690 SL 520 It is just a view, pls trade at your own risk.
Godrej Properties Cmp 2099 dated 10.12.2021 1. Symmetrical Triangle Pattern BO 2115 2. H&S Pattern ON RSI Buy for a tgt of 2170-2240-2290-2350 SL 2020 It is just a view, pls trade at your own risk.
Just Dial RSI DIVERGENCE - Daily Chart Price Action : Bullish Harami Refer Chart for Target , Stop Loss and Buy.