#Infy Long (30 June) RSI- 40 RSI divergence Buy at CMP - 1468 SL- 1440 Target- 1515, 1554, 1583 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...
Indian IT Sector is very close to the breakout area. This breakout from the falling bear channel is also supported by RSI as we can see the Higher Highs and Higher Lows formation. Look for an entry in fundamentally strong leaders of this sector. !!! This is not an investment advice and do your own due diligence before investing/trading on any script !!! !!!...
Infosys is making a series of lower highs and lower lows for the past 70 days, whereas the RSI is continuously making higher highs and lower lows. This divergence can be spotted easily on the Daily Timeframe. Also, we can see a bullish closing on weekly basis. We can see an upside momentum in this stock soon. 1420 level can be taken as a stop loss 1450-1470 is...
tech maindra near bottom this area candle confrimation complete all correction
NIFTY if once close abv 15900 then positive divergence confirm Nifty will go near 16400 Invalid below 15650
after a long bearish move and bad sentiment btc price has formed a consolidation pattern and on 1h time frame we can see a inverted head and shoulder pattern initiating trade according to - as per neckline drawn on the chart after the breakout only we can enter long and keep stop loss below the shoulder line info line drawn from the head of the...
There's a clear indication of bearish divergence in this script as we can see here Price is making Higher Highs and the RSI is making lower Highs. Also, there's a retracement pending after the 10-year breakout of the price from 2008-2010 Highs. We can see 160 levels in the coming months for this script. This analysis is purely for educational purposes!!! Please do...
Buses going electric by olectra! Good for future and long term investment SL 654 marked on chart other levels on chart for targets
last two day market showed good bullish momentum and formed a triangle structure now we can see it has given a breakout also there is RSI divergence on 15mins a triangle breakout and a consolidation is a good formation for next move based on the length of triangle we can see the 16740-50 levels
Low risk entry in BSE TL SUPPORT+ RSI DIVERGENCE One can go long with closing below the TL as SL
steel down five wave structure and confrimation candle stick down side or rsiand macd postive crossover steel buy 43.7 and stoploss 42
This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.
#Crudeoil Long (11 May) Piercing line candle stick pattern RSI divergence RSI- 42 Buy around - 7780-7820 SL- 7725 Target- 7950 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.
+ve Divergence in Infosys chart as you can see Higher low in RSI but Price is still at same level
We can see noticeable RSI divergence on a higher timeframe 1 HR, Momentum is picking up but Banknifty is going down, this can be a good long trade, Good bullish RSI divergence is seen on charts, And Banknifty is at a good support level and also at a previous breakout level as well, and Banking stocks if we see and analyze then banking stocks haven't really...