on weekly chart TCS is loosing RSI Strength and making higher highs where as RSI making lower highs. however clear breakout was not seen either side, breakdown/breakout at either of trendline will give confirmation.
NSE:DABUR Rising in Ascending Channel Pattern Above all Long Term Moving Averages CMP : 590 Tgt: 623 - 660 - 688 SL: 502 Return :18% RSI Positive Divergence
Srtrans 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,,
wolf 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
its 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
- RSI Divergence - Priceaction analysis - Multiple time frame analysis
- RSI Divergence - Multiple time frame analysis - Important levels marked in chart
Looks 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 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 , so be cautious for next week
Bullish RSI Divergence in HDFC, expected targets 2600, 2650 and 2700
Nifty 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.
The 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...
Recently 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!!
- Price action - RSI Divergence - Import levels marked in chart , Use pivot for target