BUllish divergence on Nifty w.r.t RSI and MACD. Double divergence gives strength to it. Short term bullish reversal can play out here.
Double bottom pattern is formed on daily chart of KotakBank. RSI is making higher lows which is sign of RSI Bullish Divergence. Entry We can go long after close of strong bullish candle near 2nd bottom. Target Target 1 - will be the next resistance as marked on chart. Target 2 - After 1st target is achieved and price breaks above neckline of W pattern then 2nd...
using combinations on RSI, ADX, Support, Trendline going bearish in this script targets - 706, 701, 692 disclaimer - trade @ own risk
Godrej property is looking good to me for low risk high reward setup. In weekly TF price is taking support in the price range of 1133-1150 and RSI is making positive divergence which can help this counter to go up to levels of 1) 1188 2)1200 3) 1215 4) 1221 5) 1240 SL 1110. I will be looking for long entry around 1118-1133 price band. Only thing which is cause...
We look at a possible trend reversal in UBL for following reasons- 1) Price is at a demand zone from which previously it gave us a strong rally. 2) RSI divergence is in formation which seems to be bullish Price is currently at an important level and it may go at least till the marked Supply Zone SS for a 1st target. Disclaimer: Only for educational purpose.
rsi is dropping but the price of stock wasn't droping both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
This study is to show the importance of a simple Triple confirmation Strategy in WIPRO that has generated a good return in the past and currently shows the same confirmation. 1. 200 Weekly Moving average – the stock must have tested the 200 Weekly Moving Average. 2. Rate of Change must be above 1 3. RSI must be at or above 50 or marginally lower. In the Past: ...
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
Biocon Ltd looks fundamentally very disappointing but there are few patterns on charts that makes it technically interesting at this point of time. Betting for an upside with a calculated risk doesn't seem as a bad option for now. BIOCON ON CHARTS: - Biocon has formed a Bullish Wolfe Wave. - After 10 Weeks the Weekly closing has been above prior candle's...
S&P 500 where 73% stocks are trading above 100 period average is trading near trendline support the rsi divergence witnessed earlier
bearish RSI Divergence Both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
USDINR weekly time frame there is rsi divergence Uptrend is Over
Key Points: - On weekly chart - after a yearly consolidation zone Bullish breakout seen with potential of 30% rise from current price - Resistance breakout @ 1069 - RSI near to cross 70 - Tech showing buy signals - Price is above 20,50,200 EMA - Volume above average on daily chart - Super trend is positive Bhav is “ Bhagwan ” Disclaimer : I am not a...
Price is making lower lows while the RSI is making lower highs which is clear sign of RSI Bearish Divergence. Entry We can enter in long trade after breakout above resistance zone with strong bullish candle. Stoploss Below the resistance zone. Target Target will be the next resistance zone. Please Like and Follow
Key Points: - Bullish Trend - Three white soldiers candlestick pattern - Resistance breakout @ 1280 - RSI crossing 75 - Tech showing buy signals - Price is above 20,50,200 EMA - Volume above average Bhav is “ Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for...
Wipro Weekly Time Frame Rsi Divergence Next Week IT Trend