[Short Term] Best swing opportunity in HUDCO for 65+ TargetAfter breakout of previous resistance level in HUDOCO it retraced again its breakout level. As well as this stock trending in uptrend at currently near its trend line. Near this level RSI showing the double bottom bullish divergence so expected this will take reversal and continue its uptrend towards the 65+ targets for short term.
Rsidivergence
Bitcoin Making RSI Divergence Pattern- Possible BreakoutsFollowing chart is of BTC/USD which shows RSI Divergence Pattern, Buy After it Breaks the @41000 Level, Very Strong Resistance right there.
Also The Targets is huge, so Go Long After Breakout.
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Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
RSI Divergence in Cipla!!The price action/behavior in Cipla shows that the buyers are strong and have been pushing the price higher which should result in a breakout . There have been multiple retests on the resistance zone / the supply zone . However , RSI shows a clear divergence or in simple words , RSI is making lower highs . Hence it would not be advisable to take a position in Cipla at this moment . Only if RSI shows and up move with strong buyers , price gives a breakout with good volumes , then only one should
FY21-22 Swing Trade Idea #129: Long on PERSISTENTThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and w
Late night Technical analysis talk - DRREDDYSorry for delay due to Net issues ( Uploading it 7th time hahaha )
👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends
Rsi divergence bullish.Buy above the hammer highA gud bullish reversal candles at the support region which acted a strong level for the previous breakout and more over Rsi showing upward momentum while the price is in a range.Breakout likely to happen.Can go long with the above mentioned levels.
J
Accumulate TCS at highest RRRObservations from TCS Chart:
1. Formation of an ascending triangle
2. A reversal from lower line is hinted by RSI divergence under formation.
3. Currently at lower price which has high risk to reward ratio.
4. Accumulate upto 3165. Set SL below 3150. Target 3750+
Right information at right time is the key..!!
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,,
SLong
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
HLong























