Sell Price above 1122 Stop 1153.80 Target 1043.15 Just for Educational Purposes not a recommendation/suggestion Maybe try Paper trade
The stock is slowly gaining positive momentum on the daily & Weekly charts. It has formed the double bottom on daily charts. RSI is in bullish trend on daily and weekly charts. On moving average front 20 DEMA has crossover 100 DEMA. One can made trade at CMP with SL 7200 and Target 8000.
Let's break down each point and explain them ::::::::::::::::: Happy learning **Basic Concepts:** 1. **What is RSI?** - RSI is like a traffic light for stocks in the Indian market. It tells you if a stock is moving too fast or too slow. If RSI is high, the stock might be overexcited, and if it's low, it might be tired. 2. **Calculation of RSI:** - RSI is...
NSE:HINDALCO formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF. Entry : 484.50 Target : 464/448 SL : 510 RR : 0.8/1.4 (2nd target for better Risk Reward Ratio)
NSE:MARUTI formed Shooting Star and -ve RSI Divergence in Daily Timeframe. Entry : 10346.75 Target : 10100 SL : 10640 RR : 0.84
NSE:DIXON formed Bearish Engulfing, Bearish marubozu, Rising Wedge, Double Top and -ve RSI Divergence on Daily TF. ITs a high probability trade. Entry : 4920.30 Target : 4650 SL : 5225 RR : 0.9
Nifty spot Bearish Divergence on 1 hr can look for tp of 18890-870 with risk reward ratio of 2.31 dc : only for educational and learning purpose
NSE:APOLLOTYRE is making a higher high whereas RSI is diverging by making a lower Highs. If taken a trade, In my opinion if RSI crosses below the support line one must exit the trade and take out profits
* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame * Monthly RSI above 60 * Daily RSI approaching 40 ( currently at 48) * Trendline support from 6-7 months * Entry on positive candle with confirmation - Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R
Key Points: - On 15 MTF Bank Nifty form Bullish Cup & Handle pattern - RSI 69 near to 70 and above RSI MA - Closed above 61% FAB level 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
Titan has formed Doji at FIb 61.8 and taking support at RSI Disclaimer : I am not SEBI registered analyst kindly consult your advisor befor taking any trading decision
My selection criteria as follows dor swing trade. The stock corrected from high and tale sport on EMA. The RS is strong. The rsi look above 50 and show upword moment. The close is above EMAS. . . It just for education purpose.
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support. Entry : 111 SL : 106 T1 : 120 T2 : 128
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support. Entry : 371 SL : below 353 T1 : 396 T2 : 421
TVS Motor is in the formation of bullish flag chart pattern. 20 Period EMA is just below the current price act as a dynamic support. All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact. Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
NSE:TORNTPHARM All Time High Breakout W Pattern Breakout Price moving up in Rising Channel Targets : 1890 - 2030 - 2250 Upside : 35% SL : 1550 Time Frame : 3-6 Months RSI in Bullish Zone & Weekly EMAs acting as Support