rsidivergence

tradethetip

RSI made higher high (HH) that means trend reversal signal Line charts made lower Low (LL) Thats means its a rsi divergence Tight trendline also broke Bullish engulfing pattern in candle charts also All these happened at major support level TARGET = 478 LOT SIZE = 1851 6 types of price action & technical analysis confirmation before this trade FOLLOW FOLLOW FOLLOW

ronitgupta

Why M&M can go bullish tomorrow: 1) Multiple rejections from the support line. 2) RSI Divergence.

srikartiram

NASDAQ looks W pattern. Expecting 250+ points rally if worked good news for NIFTY gap up :) CMP : 11490

thekrishnasoni

ITC Forecasting , Positive RSI divergence ITC is trading at its crucial support around 165 & Now RSI is also accelerating Positive divergence towards demand zone. We can see first moves toward 180 if it successfully cross the 174. If it fail to hold 165 then we can see next support at 157.

stocktrends

Balkrishna Ind. - Bearish RSI Divergence

Singhcyogi22

LEVELS ARE MENTION ON CHARTS ... THERE IS RSI DIVERGENCE IS MAKING AT HOURLY DEMAND ZONE, WHICH HAVE HIGHER CHANCE THAT PRICE WILL BOUNCE BACK TO A CERTAIN LEVELS ..

je_sh

Tech Mahindra seems exhausted now and is not participating in the Amazing IT rally that we have seen. It can be considered the weak link in the It index even though it has given a wonderful return. Technically TechM has closed with a graveyard candlestick which indicates a reversal in the uptrend. One can enter into a short position around 870-875 with a strict SL...

srikartiram

HDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence CMP : 570 Target : 640 Stop loss : 540 1:7 risk reward setup :D

srikartiram

RELIANCE | Looks good for 5% RSI Divergence & can expect a wedge breakout CMP : 2179 SL : 2150 Target : 2270 1:3 risk reward setup

solankisagar820

CIGNITI TECHNOLOGI:- BUY on dip (with sl 260₹ clbs) last 2 year range breakout with huge volume.. #Disclaimer:-I just shared view for only educational purpose

Algokart

Nifty - Technical Analysis: -Nifty logs a gain of 171 points, or 1.52 percent, to settle at 11,449.25 -RIL jumped over 7% -It gaped above 11300 based on recovery in US markets after the selloff a few days back, we can see resistance at 11600 and index would need to cross above resistance zone before seeing upper levels. Market - Driving Factors: -Nearly 100...

solankisagar820

BIOCON:- breakout buy at 400 tgt 440₹ sl 370₹ RSI breakout #Disclaimer:-I just shared view for only educational purpose.

konarbalaji

Price moved up but RSI showed bearish divergence. Currently, Price is taking support at Upper trend line on daily duration . Price rejected from Long Term resistance . Looks like distribution zone - sideways movement will continue for a while . Current Price is at confluence of 50 EMA , Support & upper Trend line.

s.arun.natesh

Profits will stick to those who stick to Pidilite. Afterall, the company manufactures Fevicol!. The Price action has an almost perfect setup for going long - double bottom, consolidation, a nice rejection candle with a long tail. Technical indicators are positive too - RSI Bullish Divergence among other indications. The blue horizontal lines are Gann Levels -...

Shreyanshgohel

Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...

ipuneet

There is something worthy of noticing w.r.t. the rising channel Nifty is moving in and RSI divergence, this time. 1. While the Nifty has made a higher top, RSI has failed to do so. This RSI divergence is seen after a long time, as RSI is considered as a leading indicator, this can't be ignored. 2. Nifty has not touched to resistance line of this channel this...

s.arun.natesh

Infosys has seen a correction and a recovery. During the recovery phase, we also observe that the third Elliott impulse wave has been completed and the corrective waves have started. The last 2 weeks has seen a consolidation in the stock with a couple of attempts to both break above and below the consolidation. The counter is now seeing some exhaustion and any...

vish000agr

Looks like party is over for reliance industries investors, RSI divergence and Double top, though a little early to call, Will look on daily charts for shorting opportunities