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Oscillators

Inverse Head & Shoulder Pattern in Venkeys indiaA 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. Keeping Stop Loss Below 2520 will be wise. Company announced it's decision of setting up a new project for manufacture of Veterinary Medicine Products under its Animal Health Product Segment. Below is link.
NSE:VENKEYSLong
by ArthvidyaWealthMantra
RSI RANGE SHIFT StrategyFor Beginners who don't know the real meaning of RSI RSI---RELATIVE STRENGTH INDEX As the name says it shows the strength of a particular stock or index. More the RSI more the strength RSI above 40 indicates very little strength 50/60+ RSI stocks indicates very good strength....But RSI above 80 indicates that the stock is little overbought and may consolidate but doesn't mean it will fall... RSI below 40 stocks should never be bought...RSI below 40 is oversold but the stock might not bounce back as the strength is weak...So buying a stock with RSI above 50/60 is the best and SHORT selling below 30/40 is the best option... RSI RANGE SHIFT STRATEGY: It's a simple swing trading strategy When RSI is falling and bounces back from 40...it is a buy for the stock once RSI is heading towards 60 It is a SHORT SELL if RSI 40 support is broken This strategy has to be combined with PRICE ACTION to get a good RISK/REWARD ratio. FOLLOW me for more such content ahead...Till then, HAPPY TRADING :)
NSE:NIFTYEducation
by keshevdugar
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