FX_IDC:EURINR Disclaimer... this is not an investment/trading recommendation
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD 1.Bullish divergence, suggesting probable price failure theory of the Andrew pitchfork 2.Bullish Bat's Potential Reversal zone is currently being tested The target region is expected to be between 0.618AX of the bat and pivot region Disclaimer.. Not an investment/trading advice Same idea, which solely harmonic...
Stochastic divergence & crossover alongwith MACD bearish crossover observed in NSE:APOLLOTYRE . Short it at opening price (259-261), for a target of 254(t1), 250(t2) & 246(t3). A stop loss of 262 is highly recommended.
NSE:NCC should continue with bearish phase next week. Bearish Stochastic divergence along with MACD bearish crossover are strong signals to take a short position on Monday. Sell at opening price (may open on higher side) or wait for price of 124-126 for better sale price entry. Target is of 116.5(T1) and 101.5(T2).
A bearish stochastic divergence noticed in NSE:HDFC along with bearish crossover. This indicates a temporary bearish phase. Short at opening price (above 1800) for a target of 1780(t1), 1768(t2), 1755(t3). A stop loss of 1822 is recommended.
In a very similar to Nifty (I shared an idea on it just 4 hours back), there's an observation of Stochastic Triple Divergence in NSE:DRREDDY indicating a bear trend. A short position is recommended with a target of 2004(t1) & 1904(t2). A stoploss of 2100 is highly recommended. Selling range should be (2040-2070).
Its a cliche but falling in NSE:NIFTY is inevitable. Bearish divergence in Nifty is clearly seen that indicates a short term but a very steep fall in next week. Year end closing will be bad hurting Returns on Investment of lot of mutual funds. Short in opening trade on monday above 9980 (or upto 9965) with a target of 9933 (t1), 9686 (t2), 9548 (t3). A stop...
1.Bullish reverse divergence 2. Expected support from the ML touch of the pitchfork 3.Take profit level chosen conservatively in the 0.382 fibo level of the bounce intra kumo cloud... 4.There is a possibility of piercing the kumo and reaching the 0.618 level but i wont count that, as there are too many trends to breakout from, and specially when the broader market...
NSE:JKCEMENT 1.Schiff pitchfork play 2.Ichimoku kumo support 3.rsi bullish reverse divergence 4.Price action in pivot 5.Target is at resistance an fib 1.27 level also marked by ML region Disclimer... Invested... Not an investment/trading recommendation
On Daily Chart, Nifty 50 showing divergence with RSI. Will we see another rally from here?
Price action is consolidating and getting ready to break. Buy above 258 with the stop loss of 254. Targets are 262, 265 and 269.
Buy Nifty above 10245 T1: 10350 T2: 10420 T3: 10600 SL: 10160
NSE:UPL is one of those stocks where it seems bearish phase is yet not stopped. Fresh signal are given by MACD crossover as well Stochastic crossovers. Interestingly both are also giving bearish divergences (observe down arrow) which confirms our short selling call. Short Sell in range of 700-705. Targets will be 693(T1), 680(T2), 672(T3). A stop loss of 709 is...
Price may retrace a little before continue to fall. If price sustain 10180, it will move towards 10200 and 10240. Resistance is seen at 10230 - 10240 levels. On the other hand, if price action didnt have strength for retracement, it will move towards 10120, 10080 and 10040.
As seen in above charts triple stochastic divergence is seen in NSE:SUNPHARMA giving a confidence of clear bearish phase. Short NSE:SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.
NSE:ADANITRANS Stochastic Divergence (lower highs) showing further fall from current level of 194. Keeping a stoploss of 200, new short position with a target of 187(T1), 177(T2) & 167(T3) is suggested!
Used combination of Renko hourly chart pattern clubbed with Supertrend indicator & EMA on NSE:BANKNIFTY . Supertrend indicator clearly giving a bearish signal along with Renko charts reversal & EMA crossing. This signal is further confirmed by Aroon indicator below where red bearish indicator crossing above the green bullish indicator. Go ahead with...
Range shift and NR after divergence