RBL:BullishRBL banking made doji on daily chart. Also we can find RSI divergence on daily. buy as per long position tool on chart
Rsi_divergence
ITC - Long opportunity (Gap Filling) 1:2 risk rewardIt is quiet common, during Ex-Dividend and Record dates the stock price may fall.
ITC is corrected and taken good support at Trendline support with convincing RSI divergence on the field
CMP : 199
SL : 198
Target : 205
Risk reward 1:2
Science Backed by Data[Nifty Series]: looking bearishGood Evening Friends,
Nifty looks to be showing making top at 10600 levels. If Monday shows a negative closing, it will confirm evening star which usually gets formed at top and looks for bearish reversal(on daily charts). Looking closely at 15 min chart, it RSI shows negative divergence on 3rd July closing.
For Trend to reverse nifty will need to go and test 10215 and close below that. Immediate support is 10400.
Don't Create long positions for very long duration, most stocks looks tired and ripe for immediate correction.
Pls support with likes on the idea.
NIFTY 40 Pts risk - 120 pts opportunity - If worked(Risky trade)NIFTY facing resistance in 15, 30 min's time frames. Its a considerable resistance also with bearish divergence.
Expecting gap may be filled.
Current level : 10570
SL : 10610
Target : 10450
[Positional] Auropharma Short RSI showing divergence to price, the stock looks ripe for a healthy correction.
Also Price is at a major supply zone.
Sell If it breaks Previous day low PDL with stop at Previous day high PDH
Sell below 763 with stop 794.
Feviiiii Kwik - The ultimate adhesive (PIDILITIND) SwingCMP : 1398
SL : 1375
Target : 1497
1:4 risk reward trade setup
My favorite RSI bullish divergence, fingers crossed :)
Bharti Airtel - triangle pattern#Bhartiartl in watch list.
Probability of breaking down is higher.
Point of distribution getting lower.
Will wait and watch action around 540.
BIOCON looks weak from resistance with Negative divergenceBIOCON looks weak from resistance, i see RSI Negative Divergence when the price is making higher high. Better to book profit and exit if in profit already.
Expecting 390 level to be touched again !
RELIANCE - RSI bearish divergence RSI bearish divergence in Reliance
CMP : 1732
SL : 1750
Target : 1680
Positional, consider buying OTM PUT
Small trading opportunity in MCDOWELL (Support + RSI divergence)1) PCR for June is 0.49%
2) Open Interest increased double the time LONG side
3) RSI divergence in smaller time frame and recovered from Oversold area
CMP : 602.10
SL : 597
Target : 625
SIEMENS almost @ crucial support + RSI bullish divergenceCMP @ 1027
1) PCR for June expiry is 37.11% Sign of Bullishness
2) RSI divergence in 30 min, 1 hour, 2 hour Time frames
3) RSI recovered from oversold area 17.34 to 34.95
4) Good risk reward, almost 1:5
Tight SL : 1007
Target : 1130
APOLLO HOSPITAL Technical Analysis Let’s see what happens, bearish flag indicates the price will fall but RSI divergence tells another story, it will invariably fall but let’s see how much it goes up before fall.
IGL opportunity RSI Bullish divergence + considerable supportCMP 449
Tight SL : 445
Target : 470
RSI 30 min's recovered from oversold and looks bullish divergence - Bullish signal
PCR @ 37% - Bullishness
Good risk reward
Reliance ShortRSI Divergence spotted in Reliance.
Could be a sell if breaks below trendline with good volumes
Ambuja - Showing strengthGood strong recovery, a triangle pattern on the daily chart, stock at resistance, a very strong green candle on Friday breaking and closing above the triangle pattern, bullish RSI divergence, economic activity commencing leading to spurt in pending infra projects being taken up on priority... how many more reasons do we need to enter the stock if not already done. Go long above 194.85 for an immediate target of 205 where there are multiple resistance points. Once that is taken out, the stock can quickly head to 217.50 .... SL 188.00
RSI Divergence of Daily Chartcan be looked to sell if breaks below 107 and retest. As huge RSI divergence on daily chart and price at local support level
Pair - BankNifty, NiftyThe pair chart formed bullish crab pattern with PRZ (1.618 XA) at 2.020, stop loss at (2.00 XA) 1.870.
It has confirmed bullish RSI divergence.
A failed breakdown from 2016 lows of 1.942.
As long as prices are above 1.942, the ratio looks set to revert to 2.280
Tata Motors driving down?Long term perspective
Further down side expected in Tata Motors
Basis:-
1. 5 day SMA below 20 SMA indicating downtrend
2. RSI on monthly and weekly chart below 40
3. Negative reverse divergence indicated by RSI forming higher bottoms and the chart forming lower bottoms (marked with black arrows)
4. Good red volumes
The chart in the post is candlesticks. Reverse divergence can be better seen on the line chart.
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Simple analysis. NSE:TATAMOTORS
delievery buy trade setup with defined risk the overall sector stocks looking set for a considerable upmove , I see a good one way move in the following sector and the stock of atleast 25 to 30% in NEAR term
Asian Paints upside potential tomorrowAsian Paints is showing a positive divergence on 15 mins. Also the moving averages are about to cross each other. Also bollinger band is sloping upwards. This is a must have stock in the watch list for tomorrow. If market is bullish tomorrow then this can break the channel and run up. If not then will take resistance on channel.
