Bearish wolf wave formation expecting good fall in this counter from current levels,,,
looks good from current levels expecting much higher levels stoploss will be 1200
Chola fin inv :- Multiple harmonic pattern matures around480 levels Wolf wave formation around same levels macd positive cross over Rsi bullish divergence with breakout Falling trend line breakout good long candidate 15 to 20 % upmove possible
HINDZINC seems to be reversing from long term trendline from Mar'2020. The price is also at 200DMA and is exhibiting bullish RSI divergence. Seems a good long candidate, heading towards 350.
if this trendline breaks in nifty weekly chart then can correct upto 14500. Rsi divergence may happen.
Nifty metal Index now at 5770 Time Cycle 1 , Based on Fibonacci extension,, Price wise the extension of 1.618% of last down swing have now extended to maturity levels,, ended this week,, Price wise the extension of 1.618% of last down swing is around 5971 levels,, still 2 to 3% move is pending.. So price and time squaring around the same point in trend,, when ever...
Bank nifty bearish harmonic pattern formation with divergence on indicator can be short candidate till prz levels are not crossed on 15 mins candle closing basis
Buy Britania Stoploss 3300 Target above 3700 Hidden Bullish Divergence spotted on RSI...
RSI Divergence Sharing for study purpose only. BalkrishnaINd Making Lower lows on charts. For early indication, we go down on Hourly charts. As prices are moving down RSI is not making Lower Lows. (Marked with red arrow) You can check on the lower time frame also on 15 min/ 5min charts. It's an accumulation zone for the stock which can give a good up move in...
Negative Reversal Indications: 1) Shooting star & series of Doji's at top. 2) RSI Negative Divergence 3) Gap filling pending. Zone - 780-790.
Lti spot cmp 4800 Bearish butterfly pattern formation Bearish wolfwave formation Bearish divergence on RSI Bearish Divergence on Macd Good short candidate
- BO done above 4178. - RSI negative divergence seen, may slow the uptrend till sorted. - May look for entry after divergence is sorted out for targets of 4580. SL may be 3749. *only for educational purpose not a recommendation
SBI spot cmp 465 Elliot wave study Time frame :- Daily Major impulse phase and minor impulse phase of major wave 5 have matured around this levels,, dual bearish divergence in RSI indicate the trend is about to mature,, reversal in trend possible around this levels,, Keep watch can reverse by 10 to 15% from current levels Good short candidate
Tata power spot cmp 135 Bearish butterfly pattern formation bearish divergence in RSI and MACD,, Trend reversal possible Good short candidate
Natural gas future 311 Bearish deep crab pattern formation elliot wave formation RSI divergence MAcd divergence + Bearish cross over Good short candidate
Amaraja bat spot cmp 725 Good bullish price action setup on hourly time frame,,, Once breakout confirmed can be good long candidate
Hero spot cmp 2820 Time frame :- daily Study :-chart pattern, harmonic Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi Good bullish formation Can give 10 to15% upmove from current levels...
Hidden Divergence Bullish Structure Stop loss 1070s level Target 1: 1150s Target 2: 1190s Support Zone for Lupin Volume contracting Expect a bounce