Axis Bank Short OppurtunitySell Price above 1122
Stop 1153.80
Target 1043.15
Just for Educational Purposes not a recommendation/suggestion
Maybe try Paper trade
Rsi-bearish-divergence
Bearish Marubozu in HINDALCO,1DNSE: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)
Shooting Star in Maruti, 1DNSE:MARUTI formed Shooting Star and -ve RSI Divergence in Daily Timeframe.
Entry : 10346.75
Target : 10100
SL : 10640
RR : 0.84
Bearish Engulfing formed on DIXON,1DNSE: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 hrNifty 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
ApolloTyres: RSI DIVERGENCENSE: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
RSI Divergence: Apollo TyresIn NSE:APOLLOTYRE the stock was making Higher highs whereas RSI was making lower highs creating the divergence. The stock yesterday closed below the trendline and so did the Rsi. The target for the same will be the immediate support that is also the channel line of the stock.
* It is my analysis and not a buy or sell recommendation.
Reliance, Bearish trendThree different charts shows multiple confirmations of the bearish trend
The D point of the previous Harmonic chart at the top side of the chart shows the reversal area and it respects.
A new Harmonic chart is generated and the price moving towards another D point, lower side of the chart
And finally a Bearish Head and Shoulder pattern formed.
In addition to the above observations, RSI bearish divergence respects.
The given information is for STUDY purpose.
ICICI RSI Negative DivergenceRSI did not make a new high when price made a new high ie. negative divergence
Channel Resistance + RSI divergenceOANDA:XAUUSD showed resistance near channel Trendline along with a bearish divergence.
#LETSTALKABOUTMARKETS - JSW STEELThe stock has rallied almost 33% in the last 2 months, there needs to be a correction or consolidation phase. One needs to be cautious not to enter long at this point as technical indicators suggest a short set up.
1. RSI negative divergence - The price is increasing at a very fast pace but the strength index is not following the path as indicated in the chart.
2. Bollinger Bands - The stock should close below the Bollinger band and might drift towards the average line.
One can take a short set up with a strict Sl at 333 with a target of 300. This is purely for educational purposes.
Start of the next IMPULSE!!!!Hello everyone,
I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both.
When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.
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...
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