Trading indicators Trading indicators are mathematical formulas that give you a way to plot information on a price chart. This information can be used to identify possible signals, trends, and shifts in momentum. In simple terms, trading indicators can highlight when something might be happening.
Learn how to understand the concept of a stock trading indicator, how it affects your trading results and how to use to your benefit during day trading!
Volume Weighted Average Price (VWAP) ...
Bollinger Bands Trading Indicator. ...
Moving Average Convergence Divergence (MACD) ...
Fibonacci Trading Indicator. ...
Pivot Points.
Rsi_divergence
Nupur Recyclers looking good; short term inv;Min 75% RoiHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
Follow for regular updates✌️
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Very close Stoploss is Enough
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Wait for small retracement & daily candle to close above - "90"
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This may be Slow and Time taking stock, but good for investment Portfolio.
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Enter after market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
HDFC BANK ( Looking goog to invest); small stoploss is enough;For short term investment ;
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Wait for small retracement & daily candle to close above - "1650".
Trade carefully untill ENTRY level.
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Entry: 1655 / 1640
target: 1675- 1700- 1750
sl: 1640 / 1630
major stoploss/ support: 1600
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
.
Refer old posted idea attached below.
ALKYLAMINE : Understanding RSI Positive Divergence - RSI Positive divergence occurs when the price is in a downtrend but the indicator starts to rise.
- It is a condition where Price makes lower tops and lower bottoms whereas Indicators fail to do so.
- They make higher tops and higher bottoms. These are usually reliable signs as they predict prices are going to reverse.
From the above chart, you can see
On 27-03-2023 Price was at 2166 and RSI was 23.21
One 26-04-2024 Price was at 1808 and RSI was 26.90
So price was making lower lows and RSI was making higher lows, which show RSI Positive Divergence, which a signal of Trend Reversal.
Please do like the post if you learnt some this post
Advanced Divergence Trading"Welcome to SkyTradingZone "
Hello Everyone 👋
Video Information -
Hello , Everyone lets start the Journey of Advanced Divergence Trading
In this video, we are going to look at divergence.
What is divergence?
Divergence is basically
when the market is creating
higher highs and higher lows, and
the RSI is creating the opposite.
(Divergence can happen in
both downtrends and uptrends.)
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Q What divergence does, it's basically
telling you that the trend is weakening.
This is in a downtrend, and the RSI,
the divergence, is basically telling you
that this downtrend is weakening and
there could be a possible reversal soon.
So normally when divergence
is happening, you normally see
The market creates basically a curve.
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Structure is always key
It doesn't matter the strategy
you use, structure is always key.
So what you want to see is that
breaker structure to say that the trend
is changing because structure changed.
Note- Normal Tip From our side try to learn Liquidity and order block
AAVEUSD headed for double bottom target?AAVE token made two lows in April and July of this year
On RSI this resulted in a divergence, as the prices made a new low but RSI failed to make a new low
This was followed by a failed attempt to break the neckline to the upside.
Finally in August we saw the token successfully break the neckline inspite of weakness across the crypto space
This breakout has sustained and now AAVE seems headed to hit it's double bottom targets
Epigral-DO NOT MISS!Logic:-RSI positive divergence near trendline support followed by Consolidation breakout
Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP.
Relatively safer stock to bet as technofundamentals are strong together.
Happy trading!
NIFTY SELL TRADE There are chances that nifty can give the great sell trade
*Reasons for trade
1) price over buyed
2) There is rsi divergence on 1 hr timeframe
3) moving inside a channel pattern
4) price is going up but volume is contiously decresing
# make sure you set your own stoposs
#one can take trade ones market start breaking download
*Discaimler*
"Dont trade just on my idea do your own anaylis then decide you wanna take or not dont just
trust blindy"
# BEST OF LUCK #
RSI divergence prods gold bulls, US inflation, Fed Minutes eyedGold price makes rounds to the record top early Wednesday as market players await the all-important US Consumer Price Index (CPI) and Minutes of the latest Federal Reserve (Fed) monetary policy meeting. Apart from the pre-data anxiety, a bearish RSI divergence on the four-hour chart also challenges the XAUUSD buyers. That said, the lower low in the RSI (14) line contrasts with the higher high in the bullion prices to portray the bearish divergence and tease the sellers. However, a week-long bullish trend channel, currently between $2,314 and $2,375, restricts the precious metal’s short-term moves. Even if the prices drop beneath the $2,314 support, the bears need validation from the $2,300 threshold and convergence of the 100-bar Exponential Moving Average (EMA) and a 1.5-month-old rising trend line, close to $2,245-42, to retake control.
Meanwhile, a fresh upside in the Gold price could aim for the stated bullish channel’s top line, around $2,375 at the latest. Following that, the 100% Fibonacci Extension (FE) of the quote’s February-March moves, near $2,398, will precede the $2,400 threshold to lure the XAUUSD buyers. It’s worth noting that the precious metal’s advances past $2,400 won’t hesitate to aim for the $2,500 psychological magnet.
Overall, the Gold buyers are running out of steam ahead of this week’s top-tier data/events.