Rsi_divergence
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...
Grasim good short candidateGrasim spot cmp 1445
Strong resistance seen around 1460 to 1470 levels
2 times price rejection around same levels,,
On verge to break rising trend line support
RSI bearish divergence indicates weakness at higher levels,,
Rising wedge formation,,
Counter is ready for 5-7-10% crash,,
Good short candidate..
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!!!
Triangle and +ve RSI divergenceSymmetrical triangle is in formation. price is squeezing, volume is reducing.
+ve RSI divergence.
Soon we should see breakout for big movement.
#VIAC
Cumminsindia bearish setupcummins: daily chart with negative RSI diversion with bearish marubozu candle below 886 its positional short with SL of 900 for tgt 876/867/850 keep it on radar
KIRLOSKAR FERROUSThis chart is at the request of a well wisher.
The stock has been moving in channels within a bigger channel and is now hanging in near the top of the channel for quite some time with accumulation going on.
A positive divergence suggests the stock is quite ready for an up move.
IPCALAB | RSI divergence and Trendline breakoutIPCALAB | RSI divergence and Trendline breakout
CMP : 1935
SL : 1800
Target : 2400
1:4 risk reward setup
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.
Bullish RSI Divergence - Bank NIFTYBank Nifty is standing at a crucial resistance zone , but what makes it even unique is that in last trading session we witnessed a Bullish RSI Divergence which gives it a high probability to breakout!
TATA steel good short candidateTata steel spot cmp 820
Daily time frame
Deep crab pattern formation,, Bearish
pattern violation above 833 on hourly closing basis
Bearish divergence on RSI indicator
Good short candidate
RELIANCE | Small swing opportunity in lower time frame - 9%RELIANCE | Small swing opportunity in lower time frame
CMP : 2028
SL : 1960
Target : 2216
1:3 risk reward setup.
Pros :
Risk reward is good
W Pattern,
Taking trendline support in daily time frame.
Positive RSI divergence
Cons : It also deceiving my eyes with Head & Shoulder pattern
NAUKRI ( INFO EDGE) - Fresh Rally ?Positive divergences in both the RSI and MFI at the bottom of the Parallel Channel.
Reversal just at the 200 EMA adds on to the conviction.
YES BANK - DivergencesSimple Price Action
With a bullish divergence in both the RSI and MFI, I expect the stock to touch 17 sooner than later.
WIPRO Expected to touch 368 to 372 Level and then retraceWIPRO price expected to touch down between 368 and 372 and then bouch back.
#StockMarket #Learntogether #NotforRecommendationtobuysell
Divis lab good long candidateDivis spot cmp3330
Bullish Bat pattern formation
bullish divergence on RSI
Good demand zone around pattern maturity levels,,
Good long candidate...
Castrol RSI DivergenceRSI failed to make a new high when prices made a new high.
This indicates a possible change in trend (or the current trend is becoming weak) which we can observe here.
BTC/USDT: Weak Trend Strength The uptrend strength has weakened, may just be the start of a short bearish trend. Let's see...
HDFC | RSI divergence - Good swing opportunity 15%HDFC | RSI divergence - Good swing opportunity 15%
CMP : 2495
SL : 2455
Target : 2900
Almost 1:10 risk reward setup
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
