CRISIL seems to have completed the correction at least for a shorter term. Wave counting is clearly mentioned on the chart. I request you not to get confused with Wave 2 as it is lower than the initiation point of Wave 1 but visible in Candlestick Chart. As the correction of Wave 2 have been really sharp ie. It was completed in 8 Days with 609 Points of Up move,...
Triple bottom pattern is seen in SBI Life hourly chart. Also the price is making lower lows while the RSI is making higher lows which is clear sign of RSI Bullish divergence. Entry When a strong bullish candle is formed at support zone. Target The next résistance will the target as marked on chart. Stoploss Stoploss will be below the support zone. Please...
ADA/USDT is near resistance price is making higher high, while the RSI is making lower high which is clear sign of RSI Bearish Divergence. We can take short position once price breaks below the support with strong bearish candle. target will be the next support zone. stoploss above the swing high. Please don't forget to like and follow me.
Powergrid is near the resistance zone, the price is making higher high while the RSI is flat this is clear sign of RSI Bearish Divergence. Entry We can go short when price make strong bearish candle near the resistance zone. Stoploss Stoploss above the resistance zone. Target Target will be the next nearest support zone. Please don't forget to like this...
Price is making higher highs while the RSI is making lower highs which is a sign of RSI Bearish Divergence. We can expect a pullback.
Asian paints has created double bottom on hourly chart. Also their is RSI Bullish divergence seen. It has also given breakout above the trend line. We can go long once it break above the resistance at 2924. Target will be 3036. Keep the Stoploss at previous swing low or low of the breakout candle.
Chart contains Hidden divergence .. price is making higher lows and rsi making lower lows.. Just confirmation needed for this pattern. One can try Looks good above 4510.10 and add more above 4525 Stoploss 4470 Target 4590-4600/4680 Cmp 4490.90
Potential to shoot up to given target above the trend lines. Fundamentals also support the prediction.
Nifty long idea based on RSI Hidden Divergence in Daily Chart. Targets and Stop Loss given in he chart.
Indiabulls Housing Finance is showing a Breakout retest after showing a Bullish RSI Divergence on the Daily timeframe. Hilega-Milega is positive and RS 55 is bullish as well. Stock is near the high of the previous day after range contraction for 2 days continuously.
After a long bearish phase the gold has entered in a nearby old institutional buying area and again smart money has started building there positions. there is high chances that it will retest the ''smart money'' area and then we may see again a mid-term bull run in gold.
Aarti industries is at 200 EMA on weekly timeframe. And upon observing RSI, a clear Positive divergence can be spotted. This is a good positional trading opportunity. Do your own analysis before taking any position.
As seen in today's trading session, GLENMARK stock is trading in bearish RSI divergence pattern, so reversal entry will take new high level of 445- and its short reversal target can be upto below 420 level.
AstraMicro is making a flat base pattern at Hourly timeframe, And the RSI is in Uptrend. Which indicates positive divergence. It can give a good upmove up to 319 SL should be at 301. Risk: Reward is 1:2.
BOMDYEING in Bullish Wolfe Wave. It can be bought with a SL of 79 for the target of 94.80 and 108.80. The Directional movement on the downside seems exhausted and a reversal is expected. ( It should also be noted that the result date is 4th Nov 2022, the uncertainty remains high so please put a strict SL) CHART & ANALYSIS -- ADARSH DEY
Bitcoin is making bear divergences in uptrend in 15m time frame.Price is making a clear divergence of upcoming bear move as shown in the RSI .If the trendline breaks out,a short intraday trade can be initiated on 15m.Keep an eye.
As seen in above chart NSE:COFORGE Looks in Bearish movement if continued the same move then in Wave5 can go till 2931 fibo ratio 0.5 and next till 0.618. & If it breaks the above invalid level (4036). then it can go up till 4632 in ABC Correction wave.