XRPBTC Price Analysis For Day TradingXRPBTC Price Analysis For Day Trading
EMA 20 Gives Support, MA 50 Line Strong Support,
RSI Almost In Over Bought Zone,
There is a little risk in this trade,
Support Level- 17952 Satoshi
Relative Strength Index (RSI)
Time to be CatiousJust like BitCoin Bubble, Ripple is sending same negative signals.
We can clearly notice the Volumes are dropping and RSI negative Divergence.
Book your profits at right moment
NASDAQ 100/ will finish the year by rising at the end?as we can see after checking price movements and checking the MACD & RSI & specially MACD STRATEGY , we can find out the price will continue going up! 3 target point can be the goal. and each one is possible after breaking up the last one and confirm staying top of that, good luck
Tata global beverages looks Down ?Fundamentals of this company is overvalued and a short trade looks more sensible and we have one, check the chart
- all the best
#BAJFINANCE - Downtrendline Price & RSI breakout#BAJFINANCE is on verge of down trendline price as well as RSI breakout.
NIfty 50 If 10,094 (previous swing low) is held on Monday, we can expect the RSI divergence to play out and Nifty might run back up to 10,220 and upwards.
It is all dependent on the fact that we hold above 10,094, if breached then we can expect further downfall.
(Not a recommendation of any sort, just sharing my thoughts)
Happy Trading!
for those who like to gamble !!!! the stock can give a good upside in near terms thus i feel it could be a good bet , but for only risk takers as the stock will remain extremely volatile for next few trading sessions
Bank Baroda - Ending Diagonal + RSI Divergence It is been observed on the daily chart that the price action breaks above the Ending Diagonal and also formed a RSI divergence indicating a change in price action from a down to upward trend. It shall further move up from current levels.
T1-142
T2-145
SL136
Rolta RSI +ve divergence at support.Rolta
RSI +ve divergence at support level.
Can be bought for 70-75 with SL-below
cmp 53.7
Be Cautious!! { Negative RSI Divergance }On the daily charts of Piramal Enterprise, Negative RSI Divergance has been formed...
Looking towards price, it is standing on important support...
RSI Negative Divergance is indicating that it may break that support,
If it breaks that support we may see more down side..
Targets will be 2760/2700/2650/2600
SL will be 2800
If it dosent break that then target will be 2920/2970/3150
SL 2820
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
EDELWIESS Flag BreakoutWeekly flag breakout with high volume.
Target is open but acc to pattern given as height of the pole.
SL is place at the low of last candle a.k.a new support.
Jain Irrigation H&SHead and Shoulder setup on Jain Irrigation with the support of MACD as well as RSI indicators indicating downward trend.
My Intraday StrategyI have a very simple Intraday strategy which works really good. I would like to know your comments, advice or any faults you think my system might have, do paper trade this before actual trading.
After market hours I scan stocks in the 15 min time frame to find out which stocks have broken above or below a range of say 20 bars behind. Meaning from last 300 mins range of the stock and a break above or below that at day end.
After seeing the breakout I generally see the volume with which the stock has broken the range either above or below and the closing price at end of the day. If the volume is above average till the end that gives me an idea that the probability of the stock moving in the direction of the breakout or breakdown is more at the next day opening.
RSI or the relative strength index plays a crucial role too. In case of a breakout the RSI should be nearing 70 and ready to cross it from below ie sloping upwards. In case of a breakdown RSi should be sloping downwards and ready to go below 40-38-35 levels from above.
When these three factors come into play, I decide the price at which i will keep a buying stop order in case of a breakout and selling stop order incase of a breakdown and place the order after premarket close ie at 9.07am. I immediately place my stops as soon the market takes my orders.
I will wait for 45mins to an hour to see if my trade entered is moving or then i exit at CMP.
Youll can see from the ideas that i have published that mostly i do get good quick trades. except todays HDFC bANK which isnt going anywhere.
Please let me know your feedback!
Thanks
NIFTY SHORT :Harmonic 3 Drive PatternThe Index has formed Harmonic 3 Drive Pattern at the top of the rally and clearly Showing RSI Divergence showing weakness in the coming days. One can short it with appropriate stop loss. As mentioned in my earlier post that Divergence made at the top are little tricky compared to the one formed at the bottom. Good Luck
Long at Demand Zone with Good RR ratioCurrent price level is clearly a good demand zone where buyers emerge. We can go long here with small Stop Loss just below the low made recently on closing basis and expect a good profit in short term. RSI 40 for this stock worked as extreme oversold zone and again bouncing from this level thus confirming the idea of going long.
sell USDINRsell around 64.6000 sl 65.0000 target 63.5000
time frame 10 trading days and book at comfort level
Reliance .... watch 1370/- Channel move . Lower part of Channel is support which if broken can damage the current uptrend
