if shows negative 1st tgt 2560 in coforge please see rsi
BANKNIFTY | RSI divergence - Looks good to go long - Only intraday CMP : 29250 SL : 29140 Target : 29700 or (Risk x 2 times atleast)
US Dollar to Thai Baht (USDTHB) is showing bullish divergence on the daily chart. I am looking at a Long with the initial target of 30.4 from here.
In daily time frame it has made an Evening Star Doji with a negative RSI divergence. It faces resistance at 215 and support now comes in at 195-190. View negates above 222. Evening Star Doji is formed in an UPTREND, 1st candle is bullish one , 2nd candles is a DOJI candle above the body of the previous candle and 3rd candle is a bearish one below the DOJI...
NSE:BATAINDIA Positional Trading opportunity ! Weekly Chart Alert ! Technical Reasons to trade :- 🧢 1> Range Breakout . 2> Huge volume as well 3> Accumulation is done 4> Retracement areas are shown through arrow. 5> Rsi divergence just for educational purpose | example some fundamental supports :- 1>Bata India to Merge Subsidiaries 2>Bata India Says Unit...
If stock trading above 1175 in today's session then can go long for a target of 1260 and 1385+ with the close stop loss of 1145. This trade can give good 7:1 risk rewards. Possible Trade: Buy LT above 1175 Stop-loss 1145 Target 1260 1385+
IDEA and analysis is my personal view, take advice from your financial planner before any investment decision. All needy things mentioned on chart and my previous bank nifty analysis. If you like, please follow and share my analysis with your near n dear; and save your portfolio by booking your profit for a while. Happy investment😊
All the things I want to say is mentioned in the chart, please read it carefully. Besides that, Reason to this fall : 1.MARKET HAVE A STRONG SUPPORT IN THE MID RANGE OF 26500-26600. So we can expect fall up to that. And as per logical TARGET FOR A #RISINGWEDGE PATTERN is 2L , which is exactly DOUBLE of length L mentioned on chart. 2. RSI is showing ...
ICICI Bank is forming a parallel channel and could give a breakout below. Targets and execution levels are mentioned. There is also a kind RSI Divergence forming.
HDFC BANK forms a head and shoulders pattern on 1 hour time frame. Although the neckline is not broken yet. It has also forms a RSI Divergence . A high probability that it may go heavily bearish after breaking the neckline.
HDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence CMP : 570 Target : 640 Stop loss : 540 1:7 risk reward setup :D
1. Price broke above the downtrend trendline and making higher lows. 2. Double Bottom confirmed as the neckline (494.20) broke with a huge volume. 3. RSI Divergence: Price making lower low but RSI making Higher High (see daily chart, low made on 14 Oct and 21 Oct 2020) 4. RSI in Harmony: Price making higher high but RSI making Higher High (see daily chart, ...
BANKNIFTY | Almost near the resistance but losing momentum Triple Top & RSI negative divergence, looks good for correction. CMP : 29600
Education Purpose. check RSI divergence which is showing a downtrend and could be a sign for a fall the next day.
We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy AMARAJABAT for an immediate target of 852 and next to 877+. Possible Trade: Buy AMARAJABAT above...
Showing a sideways movement since two days. RSI Divergence is showing a bearish movement. It might take a retest and can be shorted for quite a nice target.