Rsibullishdivergence
intraday / RSI Bullish Divergenceboth 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.
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RSI Divergance at Sona BLWRSI divergence is spotted at this stock, at daily timeframe.
the stock is making a flat base near 460 level.
but the RSI value is continuously rising. which indicates positive divergence.
a Long trade can be initiated at 460 level,
for First target of 495
and second target of 510
Risk to reward ratio would be 1:2+
SL is a must, at 445 level.
Breakout: SuzlonNSE:SUZLON has given double bottom breakout and as well is near breaking of its trendline, the trade can be taken after breaking of trendline for the given targets. RSI is showing bullish divergence as well. Will trendline be broken out?
Valient Organics RSI BULLISH DIVERGENCEGo Long:::::
Valiant Organics
Daily Time frame
RSI Bullish divergence
spandan : Twizzer Bottom , Bullish Engulf, Multiple BottomNSE:SPANDANA
Price Action : Twizzers Bottorm - Bullish Engulf
RSI: BULLISH DIVERGENCE
Pattern : Double/Multiple Bottom
Probability to break Green Trendline
Observation: Buy with Given Target. Trendline breakout will be the Long opportunity for given Target
Buy: @ 343.5 - 370
Stoploss : 330
Target : 390 - 408- 440 - 484- 500 - 510 + + + + + + + + + + + + + + + + + +
Note: Never Trade without stop - loss.Long term Stop loss should not be more than 4 %
Zydus LifeSciences revesal - hammer and RSI Bullish DIvergenceZydus Livesciences
Time Frame: Weekly
Name of Pattern: Hammer
View: Potential reversal
What is a Hammer Candlestick?
The hammer candlestick is found at the bottom of a downtrend and signals a potential (bullish) reversal in the market.The most common hammer candle is the bullish hammer which has a small candle body and an extended lower wick – showing rejection of lower prices.
The pattern indicates that the price dropped to new lows, but subsequent buying pressure forced the price to close higher, hinting at a potential reversal. The extended lower wick is indicative of the rejection of lower prices.
Current Market Price (20 May 2022) = 356.85
Name of Pattern: Hammer Breakout (344.60)
Technical analysis:
1. In weekly Time Frame at the bottom Hammer breakout confirmed at 344.60 in Weekly timeframe.
2. Trendline Brakout due aroun 360 -362
3. Stock is in range of 330-375 from last 12 weeks indicates accumulation between this levels.
4. RSI indicator: RSI BULLISH DIVERGENCE. This indicates potential reversal is due in zyduslifesciences at 362-362.
Possible entry : > = 360 -362
Stop loss : 346
Note : Same reentry in case of retracement.
Swing and long term Targets: 375-440-499-540 - 600 - 664 - 700
RSI Convergence in cosmo firstCOSMO FIRST is at support @Daily TF.
and from the chart it is clear that RSI is making higher lows.
Moreover 100 EMA @Weekly TF (@821) is just below current market price.
Red flag (Risks) - The only red flag to consider before building any long position is that all 20, 50 moving averages are below 200 Day EMA.
Conclusion :- It can provide a good swing opportunity in upcoming days, but as it is an early entry SL is a must @830 .
svp global bottom outwe can see price is falling and rsi is showing positive divergence the stock has fallen from very high price till now did not rally in this bull run so it might turn around
KPIT TECH Long Term StudyNSE:KPITTECH
Time Frame : Daily
View : Bullish for long Term
Observation:
Chart Pattern : Multiple Bottom
RSI : RSI Bullish Divergence
Trend : Trendline Breakout indicates Bullish move is in card
How to go Long ?
Buying Zone: 515 to 540
Trendline Breakout : @ 578
Buy @ > or = 580
Stop loss = 556
Support : 540
Target = 619 - 660 - 750 - 800 + + +
Breaout Level = 801.00
Note : In case of Retracement one can accumulate KPITTECH in between 515 to 540 with 4% stop loss.
Possible Divergence in AksharchemOn an Hourly time frame, a divergence is possibly formed. If the consolidation is broken then a quick run-up should follow. Possible Target is given in the chart.
Disclaimer: Only for Educational Purpose.
Feel free to provide suggestions.
NAM_INDIA Weekly Double Bottom Bullish NSE:NAM_INDIA
Time Frame : Weekly
VIEW : Bullish with given Targets
Pattern : Double Bottom ( 318 )
RSI : RSI Bullish Divergence
Buying Zone: 318 - 335.
Observation :
Multiple time buying in the range of 318 to 335 can be seen.
Support = 335
Buy at 353.00 (CMP 350 - 02 February 2022 EOD)
Stop loss = 338.00
Long Term Target 364 - 380 - 400 - 450 - 476 + + + + + + + +
PNB Buy on Dips with Multiconfirmation indicates Bullish TradePNB Daily Chart
Reason for Bullish view :
1. Multiple Entry on Trendline indicates Buy on Dips. Refer Green Up Arrow.
2. Candle above 200 Moving average indicates bull run about to start for long term.
3. Daily Trendline break out with 200 MA breakout indicates confluence Trade so entred at 39.55
4. RSI Bullish Divergence in Daily Time Frame indicates Bulls are in Power.
5. RSI value above 60 indicates strong momentum.
6. Overall Momentum is Bullish
View : Bullish for long Term / Medium Term / Short Term
Buy @ 39.55
Stop Loss @ 38.00
Target1 : 41
Target2 : 43
Target 3: 45
Target 4 :48 +++++++++++++++++++++++++++++++++++++++++++
TATA STEEL BSL - Swing tradeTATA STEEL BSL - Swing trade
Triangle breakout with a bullish candle along with volume breakout as well.
RSI bullish divergence.
Hold for targets :)
Acrysil - Potentially a good zone for a BuyAcrysil - A fundamentally solid stock seem to have done the pullback.. A close above the Horizontal TL is a good area to buy. There is an additional confirmation of a RSI Bullish Divergence too.
Low Risk High Reward Setup with RSI BULLISH DIVERGENCEThe analysis is on how to create a low risk high reward trade with RSI being a key indicator,together with previous broken resistance line now acting as a support.
If the price slope of the stock is negative (bearish) and the RSI slope is positive (bullish) it is an indication (RSI BULLISH DIVERGENCE) of the reversal in the price of the stock.With the previous broken resistance line which will be the demand zone of the buyers a long setup can be created with the stoploss just below the confirmation bullish candle at the close of the day.
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Buy Silver: Silver is ready for upmove Buy Silver: Silver is ready for upmove
All Details are mentioned on Charts.
A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
Rsi bullish divergence.Go longA bullish engulfing candle after a long retracement which also supported by the RSI bullish divergence improves the chances of some upmove in the price.Can go long with the target and stoploss levels as above.
Morning star pattern at buyers zone & Rsi bullish divergence.A small retracement from overbought region stopped by a morning star pattern at a good zone (Low of the hammer wick previously) Also RSI bullish divergence could be possible for more upside move. A random target with a stoploss offers very fine risk reward ratio. Can go long after the breakout of the previous candle high.
Ortin Laboratories / RSI Divergence
This trade is highly risky.
GOOD VOLUME ACTIVITY
STOCK HAS BROKEN ITS CUP AND HANDLE RESISTANCE WITH HIGH VOLUME
RSI Bullish Divergence
STRONG SUPPORT AT 33
SL 30
Target 46.90
#whirlpool MA20 > MA50 crossoverKeep on radar.
MA crossover with volume.
RSI bullish divergence.
Keep adding till 2250.
Valiant Organics LONGLow Risk Setup available in Valiant Organics for Positional trade.
Refer Chart for targets & duration.
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Morning star pattern in a down trend.Go longA morning star pattern in a downtrend followed by rsi exaggerated bullish divergence suggests some upside move.Go long with the above mentioned target and stoploss.
