Rsi_divergence
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 !!!
MSFT - BIG DivergenceThe stock is falling and can touch the channel support line first, and if falls below the support, may touch the marked targets.
RSI is Divergence - When price moves higher but indicator is not able to follow the same movement, this shows weakness in the
movement, the stock has moved higher than previous highs but RSI was not able to follow the same (i.e. it is lower than the previous high).
TITAN getting Trendline Support + Bullish divergence + Candles1) TITAN is taking good support @ Trendline with Pin & Hammer candles in smaller time frames (30 min, 45 min, 1 Hr)
2) PCR 55% - Open Interest increased hugely @ 1000, 1100, 1200 price ranges
3) RSI bullish divergence
CMP : 961
SL : 950
Targets : 990, 1000
DIVISLAB | Trendline Support +RSI divergence convincing for longPlease zoom out and see the chart to see clear picture
1) PCR is 58% with highest Open Interest @ 2300, 2400 levels.
2) Trendline Support with RSI divergence in 30 min, 1 Hour, 2 Hour time frames
CMP : 2161
Target : 2250, 2290
SL : 2135
13th JULY BANK NIFTY TRADE SETUPThe possible support and resistance are given. Trading the small range breakout is advisable. With lockdown in some states, the price should further go down. This could be a possible pullback, but with the lockdown restrictions in some states and increasing coronavirus, the sentiment of the market could result in a red candle day. As the big support is broken on 10th of july, the price should further go down.