As we can see that prices were in corrective mode since long time and it has been rising since couple of weeks. On weekly charts prices has tested the lower band of triangle and started recovering from bottom. Rsi Divergence also suggest that there is strength in Market and looks good on bottom of the chart. I do expect that if someone want to accumulate they can...
following two technical indicators: BOLL band might show a Outside Inside pattern RSI Positive divergence NSE:ASIANPAINT
UPL is at Trendline Support Expecting Bounce from here towards 766 Stop Can be Maintained Below Days Low
It has been observed that the price action trending in a down rally but now indicating a reversal due to Bullish RSI divergence, where RSI forming higher high and price action forming lower lows. Now, it shall further move up to the bigger downward trendline at around 640 levels. T1- 610 T2-630 SL-572
Nifty has been galloping at a fast pace over the past few days . The steady support offered by the lower channle of the Pitchfork does augur well for the broader idex as a whole. However we note that the rise has now tread into 1.618 of the recent pullback and hence some profit booking may emerge. The best approach hence would be to book some profits if the Nifty...
Next 3/4 days are crucial for Reliance to decide on next level whether it will come down or move above current trend line. Currently RSI is t 70 which had resistance in past, hence if it sustains above 900 script will continue its form. However if RSI resisted then stock will come back to 825/830 level before retrying. Any thoughts people?
RSI Divergence obvious. Stock has hit rock bottom. 2 Pinbar candles have formed which indicates a trend reversal. Possible targets - 385
REPCOHOME stock price action bounced from the strong support zone 735 ready for the target of 900+ stop loss below 710. viewers can find +ve RSI divergence.
HINDZINC price action shows positive RSI divergence one can buy at the support 239/243 for the target 260/285 stop loss below 230.
BHEL is currently at 136 levels in downtrend... Trend reversals signals : Postitive RSI Divergance, Bullish Hammer and Bullish Engulfing Candlestick Pattern indicates that strong uptrend trend will start.. Targets are 140/147/155/168+ SL : 130 Risk Reward is favourable.. Note: Do your own study before making any positions...
RSI divergence suggesting breakout soon. Buy above 623.
-Nice place to enter short on ngas after neck line of HS broken -more over major trendline is broken and flag formations also going on dont miss this trade -Trade with care and safe
Hi guys dont miss this trade we can expecting fall upto $42 and than $38 -Trade with care and safe
RSI Divergence in double top area is showing the potential weakness. The pseudo upthrust bar yesterday with big volume is another confirmation for the potential short today with Stop Loss just the high of the previous day bar.
well with lower lows on RSI dabur can be bought with a stoploss of 269 CB. Though I am long in June Futures @ 276 (I know bought it a bit too early) but if tomorrow we get a positive closing Dabur can be bought. Since 15th May there has been an Addition of over 5% in futures everyday except for today it was only 2%. So I think yea small risk big rewards 280-285.
The stock is showing continuous divergence and looks ready to retrace from current level. One can short the stock with small Stop Loss and keep the initial target double the risk involved.
The price movement are being captured beautifully by Bollinger Band and one can observe that whenever it has traded out of the band, it has given a nice opportunity to trade the reversal. We can apply the same method and short the stock by providing appropriate stop loss and look for the target of middle/lower band.
nifty buy above 9223 sl 9200 target 9250,9275 We are not Registered with SEBI, Under RA Regulations. All Calls/Views posted here are for an Educational Purpose Only. Do your Own Analysis