NIFTY | Looks like downside is limited I see RSI divergence is starting to occur in 15 min's time frame. Be careful if you are shorting. CMP : 12740
NIFTY | Waiting for something big ❤ 2 Hours time frame - only concern to go long is RSI divergence in 30 min's and hourly time frame now.
Hindalco spot CMP 214 Elliot Wave Study :- Counter is trading in 5th impulse wave of impulse phase,, soon corrective phase might unfold and price might see good retracement of current up trend. Chart Pattern :- Rising channel pattern, counter is trading around resistance line of rising channel pattern.. prices may face resistance around this levels . RSI...
Balkrishna spot cmp 1555 Bearish equivalent ABCD pattern formation PRZ in range 1580 to 1600 Trade to be initiated only after reversal from prz zone SLZ above 1640 levels Down side we can se 1480--1450--1410 levels
Expecting more bullish move if price breaks above 1.31800 (61.8% levels). For Study Purpose: RSI divergence between the two swing lows created on 21-Sep & 23-Sep, indicated a trend reversal. After this price broke the downside trendline & started moving up. Also respected the major Support line.
punjab national is a long candidate with 26 sl for higher side trail targets with rr in favour with dual bottom and rsi +ve divergence
Dabur :- 535/540 above target 560/70++ sl 505 dcb #Disclaimer:-I just shared view for only educational purpose.
Tata consumer has completed 3rd wave and will move upward towrdas 500 level. there is positive divergence on MACD as well as RSI. expected to touch 395 for education purpose only
in zone of 805 to 820 with 835 sl for 765// 740 / 730 zone
Divergence is only a warning sign not a signal to a trend change, confirm the second indication mainly from price.
Will this be a correct example of RSI Divergence?
HIdden Divergences in Established Uptrend / Suspected Re Accumulation Are usually Good bets....
Indigo 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...
Grasim Bearish bat pattern formation,, good short candidate,, details mentioned in chart...
Dabur India is making higher highs but RSI is not supporting it and there is a good RSI divergence on monthly chart. Mostly likely to give a good fall on Monthly Charts.
AUD/USD IS TRADING AT SUPPORT LEVELS RSI IS ALSO SHOWING BULLISH DIVERGENCE IT CAN BOUNCE BACK TO TEST 0.71100 LEVELS ONE CAN GO LONG AT CURRENT MARKET PRICE WITH STOPLOSS IF 4H CANDLE CLOSE BELOW 0.69900
EXIDEIND | 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...
Prices is making a higher high and the indicator is making lower highs.So may be it is an indication of bearish divergence in RSI.