Rsi_divergence
BANKNIFTY | RSI divergence - can we see 1000 poinits?BANKNIFTY | RSI divergence - can we see 1000 poinits? (Risky trade opportunity)
CMP : 34450
SL : 34200
Target : 35500
Bajaj auto good long candidateBajaj auto spot cmp 3580
Bullish Deep Crab pattern formation
Bullish divergence on RSI indicator
Wait for price reversal confirmation on hourly candle
Targets 3666-3777-3888
Good long candidate
RSI Bearish divergence in TataSteel Clear divergence visible on TataSteel Weekly chart. Although rsi could take some time to correct it.
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Asian paints good LONG candidateAsianpaints spot cmp 2362
Bullish Gartley pattern formation on daily time frame.
PRZ 2275-2310
SLZ 2250
Bullish divergence on RSI, Support of demand line,,
Good long candidate..
ACC good short candidateAcc spot cmp 1860,,
Bearish Wolf wave formation,,
Price rejection around supply line of rising wedge
Bearish divergence on RSI..
Good short candidate
RSI Bearish divergence on DeepakFert chartPossible correction time in DeepakFert because of divergence on daily chart. Fib levels could provide some support. Chance to buy dips in upcoming days and then proceed further.
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ICICI RSI Negative DivergenceRSI did not make a new high when price made a new high ie. negative divergence
Bharti Airtel Good long CandidateBharti Airtel spot cmp 520..
Bullish Gartley pattern formation.
Bullish hidden divergence on RSI indicator..
Good long candidate..
MANAPPURAM | Trying a small channel swing MANAPPURAM | Trying a small channel swing
CMP : 162
SL : 155
Target : 186
1:2+ risk reward setup
SIEMENS: Bearish RSI DivergenceBearish RSI Divergence spotted on the Daily time frame. The price has been rising 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 based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame.
P.S: Enter only if the stock breaks the Trend Line on 8th March 2020.
Let me know your thoughts on this.
Cheers!!!
TVSMOTOR: 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 based on Support and Resistance analyzed on the Monthly/Weekly/Daily Chart time frame.
P.S: Enter only if the stock breaks the Trend Line on 8th March 2020.
Let me know your thoughts on this.
Cheers!!!
ITC | Looking at RSI the selling pressure is reducing ! CMP : 194
Target : 206 (Gap Border)
SL : 190
1:4 Risk Reward
SUDARSCHEM | Looks good for a swing - 18% SUDARSCHEM | Looks good for a swing - 18%
CMP : 439
SL : 425
Target : 535
Falling with poor volume
Strong RSI divergence in 30 min's and Hourly time frame. Expecting it it will stablize here and turn bullish from this trendline support
Nifty spot good short candidateNifty spot cmp 15400
Elliot wave study :-
Impulse phase is on verge to mature,,
wave 1 is smallest wave of 1235 points, 12%
wave 2 is retracement wave ,,have retraced around 0.382% of wave 1
wave 3 is strongest and longest wave of 3175 points,28%
wave 4 is retracement wave,, have retraced around 0.382% of wave 3
wave 5 is smaller than wave 3 and bigger than wave 1 ,, 1825 points,, 14%
Rising channel structure formation is seen,, at the moment index is trading around resistance of supply line of channel,,
RSI is making bearish divergence, where price is making higher high from peak of wave 3 to peak of wave 5 and RSI is making lower high..
Wait for reversal confirmation by price action on hourly or daily time fame and can go short for 10-15 % downside from this levels... retest of budget day is also possible and below that if sustain retest of previous life time high around 12400 is also possible,,
Good short candidate
SBIN - Positional short term analyze - momentum is occuringCMP : 184.60
SL : 160
Target : 300
RSI bullish divergence in Weekly time frame and consolidating nicely inside the range
Expecting a big move in a 6-8 weeks time
Inverted Head & Shoulder Pattern in the bottom (Daily time frame) that is very powerful in the bottom
NIFTYPVTBANK | Private sector bank's - Looks tired?NIFTYPVTBANK | Private sector bank's - Looks tired? I see RSI negative divergence.
Might be some profit booking happening. Should be careful until the resistance is taken out.
Stock might head higher towards 1560+ levels NSE:BATAINDIA
Above 1530 the stock can head higher towards 1545/1560/1580 levels as long as 1508 levels is not breached.
All ideas shared are for educational purpose only.
HCL Tech LongHCL Tech Long
RSI divergence clearly visible on hourly chart
Taking support at 930 ( 50 Day EMA)
Buy at CMP-938
SL-926
Target- 980, 1003
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
ASIANPAINT | RSI divergence, looks like it is stablized - 14%ASIANPAINT | RSI divergence, looks like it is stablized - Potentially 14%
CMP : 2513
SL : 2420
Target : 2850
Almost 1:4 risk reward setup
Will there be a big correction???Nifty formed double top or M pattern on Daily Chart
Will there be a Correction continuation or a Big Crash coming like last year???
Rsi Divergence too strengthening the idea of huge correction atleast 10% or 14000 points
