based on over bot concept looking for profit booking from here rsi - 84 + = overbot lower volume candles note - risk based view since there is still somewhere momentum towards bullish side disclaimer - trade @ own risk
In today's trading session JSWSTEEL gives breakout of its previous resistance. Also, RSI indicating bullish divergence in stock. According to Fibonacci retracement level minimum target expected in JSWSTEEL is 474+ in the upcoming trading session.
Strong resistance level breakout on JKumar Infra
rising wedge formed in day chart ,and adx giving negative divergence but to confirm this we need rsi and mfi to be in over bought range currently RSI is at 60.4 & MFI at 63.1 and rising wedge need to be much closer but over all direction it is getting narrower i think in 1-2 weeks mfi and rsi will reach over bought ranges and rising wedge becomes much more...
Price took support at trendline and RSI made hidden divergence and trading above 40 levels. Disc: Not a trading recommendation. Educational purpose only.
⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy above =402.10 or CMP --Target = 499.30 --Stop-loss = 379 --Lot Size = 2000 ...
as per weekly chart 🥇 its a buy based on RSI which is higher then monthly rsi supportive 4hour chart below⛳ :- resistance trend line broken supportive 15 min chart below🪁 :- inside box based trade, though buy is above 89 which seems far as per time frame , yet shared as it shows consolidation disclaimer - trade @ own risk
Sell tvsmotors at 650 with sl 662 tgt 630-620 the reason is after long rally come down some point to gather more power.
TCS showing signs of a breakout from its levels. Has been in an uptrend and now slowly consolidating with smaller volumes. The price has crossed the resistance to reach ATH and retested the level successfully. The confirmation is obtained with a green candle in previous trading session. RSI is above 60 and also sma(9) of RSI > 60, which indicates strong bullish...
If NIFTY trading below 14200 then we will see a strong fall towards the 13780 to 13200 level. Technically Bearish RSI Divergence formed in nifty and its trading near the breakdown of a support level.
RSI bullish divergence forming and also RSI at oversold level and price at Monthly Breakout Level which is 75. Expecting Bullish Turn tomorrow.
Ref chart. MACD crossover may happen on upcoming days in daily chart. This will trigger to price shoot-up. In daily chart Indicators are turning bullish from bearish . In monthly chart indicators are continuing the bullish momentum last few months. From this level it may move the further upside. Targets are given by using patterns. ****Note: If you noticed my...
A perfect long position with stop loss below 900 and Target 1000+ A good RR
Seen bullish RSI divergence in MANAPPURAM as well as its breakout neckline of the double bottom pattern on the smaller time frame in today's trading session. It indicating bullish movement in stock towards the 177.50+ target.
DAILY RSI = 73 4H RSI = 68 ( ABOVE 65, LESS THEN DAIILY RSI) HOURLY RSI = 65 ( @65, LESS THEN 4H RSI) 15mn RSI = 56 (LESS THEN HOURLY RSI) 🛑OBSERVATION🛑 :- ABSOLUTE MOMENTUM IS BULLISH ON ALL TIME FRAMES RELATIVE MOMENTUM SEEMS ON WEAK SIDE SUCH SITUATION CAN BE INTERPRETED AS OVERALL BULLISH TREND BUT WITH SIDEWAYS MOVE disclaimer - for study purpose only.
Showing some exhaustion signal. Wait and watch if there is one push still balance before some correction.
Price has crossed monthly resistance of 955 and now moving towards 1100.
Divergence in Nifty and important levels NSE:NIFTY