I had been drawing this chart since FET touched the low but couldn't publish.
There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me.
Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I...
Acc Facing Hurdle Near Reesistance Price 1750 Revers From Channle Range Major Resistance Line Now Running #ACC Strrong #BEARISH Divergance Directional View Rsi Clearly Showing Down Trend or Price Going Up Unexpacted. Overall Midium Term Trend Is Down For Support Test 1350.
@Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education...
BATAINDIA has made -ve 3Star Candle Stick Patter with Bearish RSI Divergence, seem like after burning many hands its thinking to go short.
Entry : Strong Closing Below Red Line
Stoploss : 1430 (Closing Basis)
Basic Target: 1330
if you have any queries regarding above idea or any other stock feel free to D'M
Recently we launched, TruStox Community a...
NSE:BANKBARODA is facing Resistance at 118-119 level . Hourly charts showing Divergence with RSI & MACD . We can expect a correction to the Weekly Support Line at 108-110 . From there the Stock will see an upward journey .
HDFC LTD trading at spot price of 1920.05 as on 21st Aug 2018.
After reaching its 52 week high around 2050 levels on 30th July 2018, the stock made a strong pullback and then firstly took support at EMA 50. Post that, a short bounce has been seen which is not well sustained and the price dragged towards below 100 EMA and made a low of 1881 on 17th Aug 2018. On...
At Support Zone.
AB=CD in progress.
Targets will be updated later.
AB=CD Target 311.
Below 257 pattern failure.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Maxindia is trying to bottom out. Weekly positive #divergence in #RSI observed since April 2018 as prices made lower lows (last low of 68.75 in June 2018). Today's daily #candle made low of 75.30 and closed at 83.05. Will get interesting if it closes above 88. #watchlist
NSE:ICICIPRULIICICIPruLife is trading near support area of 360-365 from where it has bounced two times in past one year, same is visible in above chart. We are expecting similar kind of bounce back from these support zone and risk reward is favourable. RSI is showing upwards divergence on daily charts.
We are recommending strong Buy around 373-376 with Stop loss...
Stock has formed big W reversal pattern and showing bullish divergence therefore it looks good for buying at this level. It has broken the short term trend line and RSI (14) is also healthy above 50. One can buy the stock now for a target of 4000 in due course by providing suitable SL.
Disclaimer : All ideas are my personnel view. Please take financial consultancy...