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Rsi_divergence

BHEL - Inverted Head & Shoulders + DivergenceAn Inverted Head and Shoulders pattern broke out and retested itself inside a bigger Inverted Head and Shoulders Pattern. The same move is expected on the bigger pattern as well. ***** Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. Kindly express any disagreement & improvements so that we learn & earn together. Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
NSE:BHELLong
by CannySunny
17
HDFC BANK good short candidateHdfc bank spot cmp 1430 Sell on rise candidate Currently counter is trading in corrective phase , impulse wave B of corrective phase,, Wave C might unfold from levels of 1450 or from 1490 levels,, Wave C might extend to levels of 1250-1200.. View gets negated above 1500 on closing basis.. Head and should pattern formation have right shoulder peak around 1460-1480 levels,, From there it might take turn towards neck line which is around 1360 levels,, Bearish divergence on RSi,, RSI facing Resistance of falling trendline,,, Good short candidate...
NSE:HDFCBANKShort
by RUDRA007
5
SHREECEM: Bearish RSI DivergenceBearish RSI Divergence spotted on the Daily time frame. The price has been consolidating for the past one week while showing losing momentum with the falling RSI . Entry Point has been marked along with Strict Stop Loss and Target 1 and Target 2 based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame. Book partial profits at Target 1. P.S: Enter only if the stock breaks the Trend Line on 8th March 2020. Let me know your thoughts on this. Cheers!!!
NSE:SHREECEMShort
by prajwalbkumar
NIFTY METALS - Pullback or Correction ?While many TV analysts are still pretty bullish on the steel sector due to global factors on steel, I believe we could witness a small/medium correction in the days to come although the overall picture is still very bullish. I see long Bearish Divergence. I have broken down the major divergence into smaller blocks and as seen in the chart every time a bearish divergence was formed there was a correction. It also happens along the top border of the Parallel Channel and this time we have reached the top yet again. There is also a possibility where the stocks in the index keep galloping this weak which would then nullify the divergence thus breaking above the channel but chances seem a lil less, let's see.
NSE:CNXMETALShort
by CannySunny