NSE:LINCOLN retraced till 23.6% FIB level and appears to be taking support now. RSI has also bounced up from 40 and is now above 50, aka in the bullish bias zone. Interestingly, the support zone is right at a previous high. Risk is limited as a failure to hold the 23.6% level or the previous high can negate the view. The pharma index, NSE:CNXPHARMA , saw good...
bearish rsi diversion might become hurdle in sails drift. this is just my view, dont take it as call
So I am taking this trade on my basic 'Atleast 3 reasons to take a trade rule'. All of these reasons are based on technicals and indicators. Reasons --------------------- 1. Breakout in Daily charts with high volume. 2. Breakout of 0.382 Fibo levels. 3. Both RSI and MACD suggesting an upmove. 4. Share price crossed 20 DMA while being significantly above 100DMA &...
Daily Price Action - Triangle Breakout from Bottom RSI > 60 Bullish MACD - Buy Signal Bolinger Upper Band - Broken which indicate momentum ADX needs to increase to pick more momentum Weekly:- MACD needs to turn Buy signal Futures data:- Long Buildup on breakout
1. Price reversal with Big candle + Volume. 2. RSI near over sold range. 3. Short term upside possible.
Price is in a sweet spot. (Earlier support & Resistance) Price corrected 25% after short term High. Price fall stopped near 2670 consolidating between 2700 to 2800 RSI in value zone. Price move above 2800 will lead a rally.
Mahindra & Mahindra Finance 1. Price consolidates near support zone 2. RSI divergence 3. 21MA BO 3. Good R:R
HDFC has given a breakout from falling wedge and has been taking support from 50 EMA . Even after the falling wedge breakout, 2605 seems to be a rejection region where one or two gap up openings could not sustain. A closing above 2605 with good volume can be traded for a swing or positional trade for first target of 2768 and second target of 2888. Some good...
1) PA - Channel/Trendline breakout from bottom 2) Daily MACD Bullish 3) RSI > 60 4) DMI/ADX turning up 5) Reality Sector is bullish 6) According to FII Investment data FII and pumping money in Reality Sector
1 Daily TF PA - Channel Breakout BB Upper band break RSI>60 ADX Increasing Weekly BB Break Futures near the expiry Current month closing position and rolling over to next month
As of 20/5/21 Current Trend: Sideways Resistance levels: Around 566 price levels (Broken today with volume) Patterns formed: Flag pattern Single candlestick pattern: Bullish marubozu RSI: 66 MACD: Short line over Long line Analysis: Flag pattern's upper resistance level, as well as horizontal resistance level, is broken on 20/5/21 with very high volume and a...
NSE:HINDALCO It gives good idea to buy. tomorrow MACD crosses SIGNAL line and RSI is above 60. As well as it breaks the bollinger band with big green candle .
Litecoin will drops after 2 days because stochastic RSI shows that litecoin will drop Go to short
oil taking support in zone 57 58 continuous , heavy fall only after close below his , while 5 week rejection suggest a push move at higher areas
A good reversal candle formation at the support zone with Rsi Bullish divergence indicates some up move in the price.Buy above 103.40 with the target and stoploss as mentioned.
This is about to absolutely skyrocket. Smart money is selling BTC and converting to metals .. Gold.. Silver.. Rsi bullish divergence, long term trend breakout...
If Bank Nifty opens Gap Down, very high probability to go down further. In case it is trending on positive, wait for the swing high and sell from Top. NSE:BANKNIFTY