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Rsi_divergence

RSI Negative Divergence in Tips IndiaTips India stock has been having a stellar run. At the moment, the stock is having a negative RSI Divergence at around severely overbought zone. This may result in some cooling off in the rally and that can be a good opportunity to take a position in this stock. Fundamentally, very strong stock. The next few days price action will tell us if this divergence had an effect or it got sorted out. So any trade decision need to be taken only upon a valid Price Action confirmation.
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by rbasker
United Phosphorous Ltd Intra-day Trading (Sell) opportunitiesNSE:UPL TRADE ANALYSIS This stock is very bullish and making new highs, the stock had created higher highs, However in the last 30 minutes trading session it closed below 20 Moving Average (MA) and below volume weighted average price (VWAP) with a strong bearish move and a negative RSI Diversion which means that the stock is losing its momentum and might touch its deep retracement zone. POSSIBLE SCENARIOS 1) If Market opens sideways- and touches the price of 842 also making any bearish pattern or price rejection from 842 zone then look for confirmation candle and sell, put stop loss at 847, take profit at 823. 2) If market opens Gap Down- check for the 15 mins bearish candle then straightaway sell and put stop loss above 15 mins candle take profit at 806 or according to your risk to reward ratio. 3) If market opens Gap up- Do similarly like sideways market. NOTE: In case the market opens gap up above 842 price then I would recommend not to trade UPL LTD.
NSE:UPLShort
by boonahmed786
2
ALPHAGEO ( RSI Divergence on Weekly Time Frame )ALPHAGEO has a very small market cap of 153 Cr . So please be cautious this stock can give violent moves Wait for a decisive breakout above 260 Price is respecting resistance of 240 This is the 7th time price is at resistance Looks resistance is weakening up might give breakout SL 200 TP 360/450 We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels Also, the insider is buying that also gives confidence.
NSE:ALPHAGEO
by vaderarahul