Bank nifty bearish harmonic pattern formation with divergence on indicator can be short candidate till prz levels are not crossed on 15 mins candle closing basis
SBILIFE was entered on21st May , since then the stock has rallied to 17.5%. Lately there has beena development of weakness in the RSI as depicted by the negatively diverging lines on price and RSI on the hourly chart. In order to safeguard the capital and protect profits, I suggest it is best to book out at this point. NSE:SBILIFE
Jindal steel and power is just a little above from its proper buying zone but can still be considered for a quick swing .
ANALYSIS : Head and Shoulder Pattern + RSI Resistance at levels near 40 ENTRY : Below 53.75 EXIT : 1D candle closing above SL TARGET : 45.1 STOP LOSS : 55.05 TIMEFRAME: 1-3 months R2R RATIO : 5.63 Trade Execution : Sell NSE:IDFCFIRSTB1! ~ 2.4 Lakhs Buy Options - July 45 PE ~ 2K, Aug 45 PE ~ 5K
- BO done above 4178. - RSI negative divergence seen, may slow the uptrend till sorted. - May look for entry after divergence is sorted out for targets of 4580. SL may be 3749. *only for educational purpose not a recommendation
Falling Wedge Breakout. The orange line in this chart seems to be a very significant line providing early directions of rallies. Instead of me explaining, a few minutes of observation could give you a better understanding.
The following Chart shows Rounded bottom for Indusind Bank, also a Morning Start Candlestick pattern is formed on the weekly chart. Other Indicators also indicate Upside Movement (RSI & MACD) Recent Breakouts of Nifty Will also help push this stock price.
If Tomorrow Market Open above on Last day 15 min candle high and taking Support 34540 Then Go Long for 34870. If Market Open Below 34540 Then Go Short Upto 34295 and if this level Break then Target will be 34063 Avoid Trade if Market GO SIDE WAYS IF GIVEN LEVEL BREAK THEN TAKE TRADE Only fOR Educational Purpose Analysis Purely Based On PRICE ACTION
NIFTY RSI Divergence Prediction : On 30th July 2021, Market is going Bullish Trend. Because RSI Divergence shows a support and Resistance Level
Go Short if last day 15 min Candle low break level 15800 Otherwise, go long after 15860 for 50- 80 point Before taking any decision check the risk ratio.....
Following chart is of BTC/USD which shows RSI Divergence Pattern, Buy After it Breaks the @41000 Level, Very Strong Resistance right there. Also The Targets is huge, so Go Long After Breakout. Do follow for more trading setups like these Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Monthly MACD crossover happened but the stock price not reacted and all my indicators are showing bullish on this stock. Daily MACD crossover also may happen on upcoming days. ADX trend is getting strong but price not moving much. It can shoot up on upcoming days. Price may move more than the target levels bcaz of the bullish signals in monthly chart....
IT Index Trending and all IT stocks are performing and trending with great momentum but need for caution need is that there momentum divergence exit on the chat which would mean that price is moving up but momentum is dropping
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
A lot of things going on with NSE:APLLTD . Trendline break is evident, but we can also see the stock holding well above the 50 and 200 DMAs. The volume looks very healthy, too. To add, RSI has just crossed above 60. The ~1032 level has proven to be a stiff resistance up till now. I'm already holding this stock, so no fresh position for me, but it's...
both bollinger band and rsi suggest a strong buy buy at 653 targret - 1st target 698 2nd target 730 SEE THE MAGICS OF RSI BELIEVE IN YOURSELF
Vertoz advertizing Ltd 1. 200MA Support/Reversal/BO during volatile trading day. 2. RSI + Volume justifies the trend reversal move. 3. Keep on watch list.
Nifty again hits ATH today but the price slided afternoon. 1. In hourly chart, nifty clearly forms a negative divergence in RSI which is a negative sign. 2. It is travelling in a parallel channel, the price hits the top end of the channel and slided slightly. considering those two factors, nifty might retouch 15600 levels, lets wait and see tomorrow.