Rsi_divergence
Indigo good short candidateIndigo spot cmp 1350
Bearish bat pattern formation
PRZ zone in range 1430-1455
pattern gets violated above 1540 levels
As per elliot wave counter is on verge to complete its impulse phase,,
once corrective phase unfolds,, we can see sharp fall in counter,,
Rising channel resistance around same range would act as good resistance
Price are making higher high and RSI is making lower high,, bearish divergence
Good shorting candidate
EXIDEIND | W Pattern & RSI DivergenceEXIDEIND | W Pattern & RSI Divergence - Despite huge broad market selling pressure i see this stock is having good risk reward for long.
CMP : 154
SL : 150
Target : 168, 175
1:3.5 Risk reward
(P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records analytics i post with the live status. But due to tradingview rule they removed all my charts all of a sudden. Hence i lost almost more than 65+ charts shared earlier. However i will continue to share the charts in future without link by abiding to the platform rules.)
Those who wants to track those calls just message me through the platform.
COALINDIA | Can we capture one more swingCOALINDIA | Can we capture one more swing, I see RSI divergence in 30 min's & 1 Hour time frames. Also stock turned bullish near trendline support
CMP : 125
Target : 141
SL : 120
1:4 Risk reward setup
P.S : I used to keep record of all the ideas i shared in Tradingview community and kept google spreadsheet link, but it is against this community itseems hence they removed almost 70+ charts from my profile.
Mahindra & Mahindra: RSI DivergenceStock was continuously in uptrend & now in conolidation phase with very less movements.. Significant decline in volumes observed.
Even though Price is in upmove, RSI is in downtrend .. Thus there is a divergence between Price and RSI indicating weakness in the scrip.
A correction is expected till bottom of the rectnagle zone till 585 levels.
If it breaks the bottm support , will cause a breakdown.
infratel longwith small sl of 187 you can watch long.....double bottom formation plus RSI positive diversion after neckline breakout can give good movements on positional basis.
EICHER MOTOR SHORT TERM VIEW This is my first view on Eicher motor. After learning from the last 1 year.
In Eicher motor one can go for short for 1 to 2 weeks.
It shows the divergence on the daily candlestick pattern.
target 1:- 18500-18400
target 2:- 17500-17300
target 3:- 16500-16300
correct me if I am wrong.
Any suggestion most welcome
thank you !!!