SRTRANS good long candidateSrtrans finance multiple harmonic pattern formation with maturity at same level,, counter managed to sustain prz levels of 2 time with positive divergence in indicators,,
good upmove ahead,, atleast 5-7% upmove can be seen in coming days
Good long candidate,,
Rsidivergence
HDFC LTD good long candidatewolf wave formation on hourly time frame,, with positive divergence on RSI and MACD indicators,, Good time to go long in counter
Good long candidate for 7 to 10% upmove
DBL at breakout , price action,trend analysis,RSI divergenceits an educational purposes only. Due to RSI divergence we got bullish formation with a symmetrical triangle chart pattern with a beautiful trend line. We can see that its near the break out point
Intraday levels - 30 June 2021 - RSI Divergence
- Priceaction analysis
- Multiple time frame analysis
Intraday levels - 30 June 2021 - RSI Divergence
- Multiple time frame analysis
- Important levels marked in chart
LINDEINDIA: Good Buy above 1650Looks very attractive for a good up move. RSI Divergence along with dry selling pressure! Good entry above 1650 for TGTs of 1850 and 2050.
Zeel for Long Term Zeel looks good with heavy volume spurge at bottom with RSI divergence moving upward - Entry at CMP looks good for a longer term returns in tune or 20%, 30% + +
RSI divergence breakout ,cautious on nifty for next weekRSI divergence breakout , so be cautious for next week
NIFTY - RSI NEGATIVE DIVERGENCENifty again hits ATH today but the price slided afternoon.
1. In hourly chart, nifty clearly forms a negative divergence in RSI which is a negative sign.
2. It is travelling in a parallel channel, the price hits the top end of the channel and slided slightly.
considering those two factors, nifty might retouch 15600 levels, lets wait and see tomorrow.
RSI Divergence in SGX NiftyThe charts clearly shows short term bearish RSI divergence coming in the way of a Rising Wedge pattern on the Daily charts of SGX Nifty.
Last week Friday ended up forming a Spinning Top in SGX Futures while Spot formed a Grave Stone Doji.
These are early waring signals that we may witness a downside as the market finds immense pressure at the moment to continue its upside.
Breakdown awaited.
BTC ANALYSISRecently there was RSI divergence during Feb 2021- May2021 and we witnessed a great drop in prices .
Currently hidden RSI divergence is taking place in daily time frame,
so is 20-25k possible for BTC?
share your views!!
Intraday levels - 11 June 2021 - Price action
- RSI Divergence
- Import levels marked in chart , Use pivot for target
Long AMARAJABAT : Bullish Harami CrossAnalysis:
1) Bullish Harami Cross Pattern has formed as today's close i.e. 26 May, 2021
2) RSI is converging with the stock, forming higher lows while stock has formed 2 consecutive lower lows. We consider it to be strongly bullish.
3) Stock is at very strong support from which it has previously formed new highs and shifted the trend from sideways to bullish.
Entry, Target and SL are mentioned on chart.
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
RSI DivergenceRSI Divergence and Bullish Engulfing pattern on support level,
Bullish Above 640
Target : 680, 740
SL: 600
Risk is yours and Reward is too yours totally.
Time Frame : 1 Month max
TECH MAHINDRA - DARVAS Box and Negative RSI divergenceNegative Divergence is seen in the weekly chart of Techmahindra. So trade carefully in upcoming days.
ALPHAGEO / RSI Divergence / Turnaround ? ALPHAGEO has a very small market cap of 153 Cr.
So please be cautious this stock can give violent moves
Wait for a decisive breakout above 260
Price is respecting resistance of 240
This is the 7th time price is at resistance
Looks resistance is weakening up might give breakout
Cut your position in half below 230
SL 212
TP 500
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.
Is it time to be cautious on NIFTY?Some conflicting signals:
India VIX has been closing below 20(good sign), occasionally giving a spike scare then abating within the session.
Not much buying seen from FIIs/DIIs. In fact the FIIs sold 660Cr and DIIs bought only 112Cr. Yet market closed marginally in green. Is the market being kept afloat for a while?
The RSI divergence can be easily noticed on the charts.
The NIFTY Futures relative strength against NIFTY has been in a constant decline for four sessions.
Nifty is forming a Rounding bottom pattern, but the volumes have been on a continuous decline. (Ideally the volumes should expand while the price approaches the breakout point.)
The leading sectors (Metals, Pharma, IT) are not really moving (market breadth wise).
We are seeing a lot of failed breakouts. A hard penny environment. The NIFTY looks like a stronger index vis-a-vis S&P500 on Relative Strength. But are we really seeing strength in the broader market?
NCC - Bullish Flag BO - Potential 40% RallyNSE:NCC
Bullish Flag BO with bounce from 200 Week SMA
Tgt - 104-124
SL - 76
R:R - 1:3
