we can see double bottom , rsi positive divergence and now the price is above 75 ema so it is in buying zone and price already corrected from 52 week highs can accumlate for good risk reward ratio
All indicators given a positive! RSI breakout done. WAiting for rise of volume. Overall trend is bearish but this will hit target 1 atleast. Levels are marked.
Hello traders, Here are few observations on Nifty that I would like to share with you. ✅ Tools Used >> Bollinger Band (BB) (20,2) >> RSI (14) >> Candlesticks Chart (Daily) ✅ Reversal Trade Setup Criteria >> Price outside the BB for the second time with a higher high (HH) or lower low (LL) formation >> While price is outside BB for the second time, there is...
good entry point for a short call with a strong impulse move in the downward side in the chart
RSI breakout happened. so can take long Keep a tight sl on lover level and target on higher one
lOOKING STRONG. Breakout of RSi done. rains and pumps go togethere
Bank Nifty is Showing a Bullish Divergence at a 15Min Time Frame, a possible up trend continuation can be seen once it crosses the above resistance.
#Gold Short ( 01 Aug) RSI-49 Gap down, RSI divergence Sell at CMP- 51380 SL- 51550 Target- 51185, 51060 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. #mcx #commodities #commoditycall
Silver Short (01 Aug) RSI- 62 RSI divergence Sell at CMP- 57995 or around 58150 SL- 58450 Target- 57400, 57100 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Just a climatic buy bar (on letter A) and possible evening star reversal formation with the tic volume falling fast. If Ethereum falls, we can correct from here until the beginning of the last bullish leg on the black arrow. Not a financial advice.
RSI convergance is spotted in Delta corp, the stock is taking support in 20 EMA, upside potential is upto 50 EMA at least.
5Paisa at its Strong support Level n one Possibility to Make its Right Shoulder You Can buy at support and Ride With Right Shoulder in One Day Time Frame... RSI also Giving us a Positive Divergence Trade on Your Risk = } Rule1 } you can take long position when 8 EMA Cross 21 EMA in 1Day Time Frame First Target 230 Second Target 380 Stoploss 273 { Follow Rule 1 }
As the title suggests, in daily timeframe of TCS there is a RSI convergence. From 1st L H point TCS is falling but RSI is not making lower lows, rather RSI is making higher lows since June 25th. And also 3000 price level is a support zone (Look at weekly chart). Probably this stock is preparing for a short term up move, good swing opportunity. First target would...
Sell nifty fut Cmp 16125 Sl above 16150 Tgt 16075 @NiftyOnly
Index corrected 20% from top. Strong support on lower level's. Clear sign's of bottom formation and breakout is evident. Falling Channel breakout and consolidation near breakout zone is giving strong confirmation. MACD and Rsi too supportive. Rally ahead. Pullback's is excellent entry point's here on.
#Infy Long (30 June) RSI- 40 RSI divergence Buy at CMP - 1468 SL- 1440 Target- 1515, 1554, 1583 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...