RSI Divergence can be clearly seen on the nifty chart. The same pattern has predicted a fall or correction in the past. The same divergence can be seen before the 2020 crash.
RSI Diversion seen on Weekly Nifty chart. There could be profit booking in coming days. Stay light on long side.
Market Cap 346 Cr. Face Value 10 Intrinsic Value 613 Piotroski score 8 Debt to equity 0.15 Promoter holding 72.6 % Stock P/E 16.6 Industry PE 44.3 ROCE 10.6 % ROCE3yr avg 9.18 % ROE 6.66 % ROCE3yr avg 9.18 % OPM 8.52 % OPM...
Attached: Nifty 50 Daily Chart as of 19th April 2023 In the above Nifty 50 Visualizer Chart, I want you to pay attention to 3 things: 1) Trend Lines 2) Fibonacci Retracement 3) RSI This is quite a Self Explanatory Chart but for those who don't get it, here are a few points for explanation: - Notice how Price has reacted around the Trend Lines and the Marked...
NSE:TCS is trading at its important weekly support level. On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern. Positive RSI Divergence is also seen. Volume is still rising, which suggests that there is more upside potential for the stock. Support- 3100 Resistance- 3275/3400/3575
looking for a nice upside for this expiry target till 1255-65 stop as per comfort breakout based trade using indicators RSI, fibo, trend line to enter the trade disclaimer - trade @ own risk
Weekly setup is looking good. On the verge of a stiff resistance breakout. A cup in the making. Breakout from a trendline - Retest the next day - Another bullish push from resistance turned support. RSI is also expected to follow the channel range.
SGX Nifty Bearish Reversal (RSI Divergence), Price make Lower high where RSI Generate higher high in Day chart.
BANKNIFTY is ready to face major resistance near 41000-41300 zones , a possible downmove can be expected
Key Points: - On daily TF this stock showing strong momentum - RSI crossed 70 and above RSI MA - All EMA crossed and good potential of up-move - Resistance Level breakout In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for educational purpose only.
Stock traded near Fibonacci premium zone, also ejection candle formed. Also we have captured RSI reversal pattern near premium zone it is good indication to predict Reversal earlier Keep your eyes on volume trend indicator to capture big move.
Key Points: - On daily TF this stock showing strong breakout after a long consolidation zone - RSI crossed 70 and above RSI MA - All EMA crossed and good potential of up-move - Volume > MA In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for...
On daily TMF Trendline breakout Near Resistance level Price is > all EMA Volume > MA Potential to up-move of 50% from current level RSI is near to 70
Key Points: - On daily TF this stock showing strong up move momentum from last 6 months - RSI crossed 70 and above RSI MA - All EMA crossed and good potential of up move In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for educational purpose only.
Key Points: - On daily and weekly chart strong bullish momentum seen with breaking ATH price & potential to have up move for short term - RSI 74 crossed RSI MA of 62 - Volume above VMA - Price crossed above 20,50,200 EMA In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any...
Key Points: - On daily chart strong Bullish breakout momentum seen after a 305 days long Consolidation with potential to rise 15% to 20 % after crosses Rs. 395 - RSI crossed 70 - Tech showing buy signals - Volume also crossed VMA - Price is above 20,50,200 EMA Bhav is “ Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis...
Nifty showing Bearish divergence wrt RSI as well as MACD on Weekly timeframe. On Medium term this may signify a bigger correction incoming. Nifty remains a buy in short term.
Asianpaints Closing 2828.8 with stoploss 2770 then targets are 2890-3060-3150. Buying Reason. 1 --> Price action is ready to break the #range. 2 --> #RSI is 52.38. 3 --> ADX is show the #Bullish move and +DMI is #RISE. 4 --> #Volume is also confirm the #Bullish move come in the some days. 5 --> Also On a #Monthly chart Price take #Support at #Bollinger #Band.