The stock is slowly gaining positive momentum on the daily & Weekly charts. It has formed the double bottom on daily charts. RSI is in bullish trend on daily and weekly charts. On moving average front 20 DEMA has crossover 100 DEMA. One can made trade at CMP with SL 7200 and Target 8000.
This Auto Ancillary Stock has been beaten up enough. On the Technical Indicator RSI for Daily, Weekly and Monthly chart is gaining strength. However, care should be taken cause any correction in stock could take a deep dive. One can take a risky bet for a Target of Rs. 620 and above which could rally upto Rs. 700. A very strict Stop Loss to be kept at Rs. 550 and...
This smallcap stock has formed rounding bottom on daily and weekly charts. MACD and RSI shows the bullish trend and could reach to all time high. But at 189 with a Stop Loss of 181 and targets of 220
Medplus Bullish Divergence seen on daily tf positional view will be for 900 from 813 above with risk reward ratio of 2.08 dc : only for educational purpose
Logic: Bounce from Strong demand zone of 570-600. Strong RSI bullish divergence. Risky trade. Less liquidity stock. Can blast once crossed 750.
Nifty Future 1 hour Time Frame forming a Falling Wedge formation and bullish RSI divergence
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadening Pattern 📌 Symbol/Asset: FINCABLES 🔍 Description: Stock is around the support. And we can see bounce till teh Resistance. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Polyplex double bottom player with bullish rsi divergence can look for 1370-1380 in coming days with stop of 1090 on daily closing basis dc : only for educational purpose
Pix Transmission bullish divergence on daily tf can look for 1275 with stop of 945 with risk reward ratio of 1:1 dc : only for educational puprose
So well NIFTY is currently trading at 20068 points with -BIG Support levels at 1.19207.75 2.18832.75 -Resistance levels at 1.19877 2.19983 3.20228 The index well is near its highest resistance level that is 20228 which was actually achieved because of the G20 summit that was held in india that had crossed resistance levels at 19983. Now looking at the RSI...
usingharmonic method buy trigger for target range 2600-50 stop as per comfort supportive indicator used for this buy entry are ichimoku, rsi disclaimer - trade @ own risk
ETH clearly shows some bearish signs becoz overbought and rsi divergence but it has good support trend line.
Reversal trade for educational purposes Ideaforge has been in a downtrend since its listing. However, stock has formed a short term base. 780-840 is a good accumulation zone. Breakout above 840 might be a sign for reversal. RSI positive divergence is clearlyseen in the stock Targets can 960, 1000, 1050+ with SL below 780 DCB. However, there is no guarantee...
Let's break down each point and explain them ::::::::::::::::: Happy learning **Basic Concepts:** 1. **What is RSI?** - RSI is like a traffic light for stocks in the Indian market. It tells you if a stock is moving too fast or too slow. If RSI is high, the stock might be overexcited, and if it's low, it might be tired. 2. **Calculation of RSI:** - RSI is...
ETHBTC bullish reasons : 1. double bottam 2. RSI Divergence bearish reasons : 1. bearish shark pattern conclusion : first ethbtc will rise next most chance to take once test to have triple bottom. ETH atls some time goes up.
Price Analysis Current Price: $28739.02 24-Hour Change: 1.88% Circulation Supply: 19.52M Trend Analysis Technical Indicator : Strong Buy (On Daily Basis) Moving Average : Strong Buy (On Daily Basis) Overall Trend : Strong Buy (On Daily Basis) Key Support and Resistance Levels: Support Level 1: 28125.4 Support Level 2: 27850.3 Resistance Level 1:...
On the daily timeframe chart of Kotak Bank, a noteworthy observation can be made. While the price has been forming lower lows, the Relative Strength Index (RSI) is displaying a pattern of lower highs. This development indicates a bullish divergence on the RSI, which presents a potential opportunity for a swing trade. Entry: To capitalize on this bullish...
USDT.D BULLISH reasons : 1. rsi regular bullish divergence 2. rsi oversold region 3. need pull back and marco economic data is coming