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Rsi_divergence

Nifty: Applying breaks to the rally?In continuation of my previous post, there was a concern on the Nifty weekly chart, the RSI on the weekly charts was close to 60 levels. Now the candles on the daily charts in the last two sessions seems to pull breaks on the rally. Though the momentum hasn’t dried up on the daily, the price pattern is giving signs. 11785 is the gap area, a close below this may trigger corrections. Any aggressive longs should be held as of now. It’s not a outright bear call, but a conservative signal.
NSE:NIFTY
by BharatJhunjhunwala
Go long on EURCHF : Breakout of falling channelThe pair has been moving in a falling channel pattern from the past three months. Yesterday, the pair tested the 1.08230 support level for the third time and again took a bounce, ending the day with a long bullish candle and creating a morning star pattern. Moreover, the upliftment in the pair was supported by the divergence between the prices and the RSI indicator. At the moment, the price is just below the resistance level of 1.09076. following breakthrough, the prices are expected to reach 1.10467. The support for the pair is the area between 1.07997 - 1.08229. This area is important and the stop loss should be below it or it can be the lowest level of the area i.e. 1.07997.
Long
by forexnoobmaster007
DMart form Bearish RSI Divergences on Daily ChartHi Trader, Dmart form Bearish RSI Divergences on Daily Chart. Bearish View on stock till 200 sma : 1) D'Mart has faced resistance at zone of 1510 -1530 & downtrend started 2) Dmart form Bearish RSI Divergences on Daily Chart - RSI making low high & price making higher high.. See the chart for visual details 3) RSI taken support at 50 level many times , if rsi breaches this level it will freefall as bear fully control stock. 4) More Bearish if price breaches uptrend channel & 200 sma. Target : 1425 (200 dma) Strict Stoploss: Above Swing high of 1510 -1530 (Resistance zone) Happy Learning ); Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
NSE:DMARTShort
by karanwealthape
Bullish DivergenceI had been drawing this chart since FET touched the low but couldn't publish. There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me. Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I think it deserves to be in top 100 at least. If it goes till 100, you can expect 5x profit in BTC value. There's major resistance around 2000 sats - also expecting 7 MA to crossover 99 MA and that will be the first time since Apr 18 before touching 4684 sats. Currently 7MA and 25MA is acting as support and I suggest you not to short it above 1650 sats (also let 4H candle to close). Speaking about sentiments, BINANCE:MATICBTC had great bullish sentiments and during the same time, there was seen a good volume coming in FET. During bull run, these are among the top coins to get pumped. After MATIC, I think it's time for FET to rock, A good time to buy and a very good coin to HODL.
Long
by the_baahubali
Short Sell ACC Btwn 1650-1750 With Stoploss 1970 For TARGET 1350 Acc Facing Hurdle Near Reesistance Price 1750 Revers From Channle Range Major Resistance Line Now Running #ACC Strrong #BEARISH Divergance Directional View Rsi Clearly Showing Down Trend or Price Going Up Unexpacted. Overall Midium Term Trend Is Down For Support Test 1350. @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
NSE:ACCShort
by NseDerivativeDesk
Bata : -ve candlesticks & bearish rsi divergenceBATAINDIA has made -ve 3Star Candle Stick Patter with Bearish RSI Divergence, seem like after burning many hands its thinking to go short. Entry : Strong Closing Below Red Line Stoploss : 1430 (Closing Basis) Basic Target: 1330 if you have any queries regarding above idea or any other stock feel free to D'M Recently we launched, TruStox Community a community driven platform for Traders with almost all features that a trader needs. Here are some of them:- Regular Study Conferences Collective Fundamental Research Access to Tools from Trader's Toolkit & many more. For More information : Click Here! Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:BATAINDIAShort
by TruStox