ATH and ne company in pet care. Sales going up Levels are marked and RSI is high as well. Lets see what happens in next trading days
Observing the BankNifty price chart, we can see that the price is making higher highs while the RSI is making lower highs, indicating a clear sign of RSI bearish divergence. Entry: To capitalise on this bearish signal, we can consider going short once the close of a strong bearish candle is below the weak support level marked on the chart. Stoploss: To manage...
According to the daily chart, UPL has formed a double bottom pattern near a significant support zone. Notably, while the price made a double bottom near the same level, the Relative Strength Index (RSI) recorded a higher low, indicating a bullish divergence in the RSI. Entry: We can go long after the close of a strong bullish candle near the support...
While observing Nifty 1 hour chart today, found out that price is making higher high & higher low structure where RSI is making lower high which is sign of Divergence. Who will win this tug of war between bulls and bear??
Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone...
LOOKS GOOD FOR LONG POSITION WITH A SL OF 1370 Reasons: - Wolfe Wave formation - Wave 5 Taking immense support at Golden ratio of 1.618 ( Retracement of Wave 4 ) - Exaggerated Divergence of RSI - ADX Reversing Downside from 44 - Risk to Reward Ratio is Fantastic Target would be 1483 and above it will lead to 1611 CHART & ANALYSIS Adarsh Kumar Dey
seeing potential reversal in bank nifty purely based on RSI DIvergence THeory aiming for targets - 43630, 43555, 43230, 43050 a close of 4 hour candle below 43940 will trigger the sale for more safer entry gud luck to ones who will enter based on my view disclaimer - trade @ own risk
NSE:APOLLOTYRE is making a higher high whereas RSI is diverging by making a lower Highs. If taken a trade, In my opinion if RSI crosses below the support line one must exit the trade and take out profits
looking at RSI divergence on daily chart eyeing for target - 43630, 43500 43500 pe entry around 125-130 stop @ your own comfort disclaimer - trade @ own risk
based on RSI divergence theory expecting upside in nifty disclaimer - trade @ own risk
EURUSD recently pierced a three-week-old symmetrical triangle as the European Central Bank (ECB) Interest Rate Decision looms. That said, the Fed-inspired run-up impresses the Euro bulls as the pair trades successfully beyond the 200-SMA amid a firmer RSI (14) line and bullish MACD signals. As a result, the quote is well set for rising to the fresh high since late...
HAL spot cmp 3010. Wolf wave study 240 mins time frame. Bearish wolf wave pattern formation. Reversal confirmation pending. RSI is around historical levels. Conditional view, wait for reversal confirmation on lower time frame. Bulls time to be cautious.
Larsen spot cmp 2355 Weekly time frame Elliot wave study Motive phase on verge to mature. Ascending wedge pattern formation Counter is trading in overbought zone as per swing indicator and structure formation. Bearish divergence on RSI with respect to price. Time for bulls to sit on cash.
NSE:TCS is trading at its important weekly support level. On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern. Positive RSI Divergence is also seen. Volume is still rising, which suggests that there is more upside potential for the stock. Support- 3100 Resistance- 3275/3400/3575
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Reliance has formed double bottom pattern on daily chart. While the RSI is making higher low which is clear sign of RSI Bullish Divergence. Entry We can go long on open of next candle. Target Target 1: We can keep our 1st target at the nearest resistance which will also the neckline of the W pattern as marked on chart. Target 2: Once the 1st target is achieved...
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Damn the volumes are coming in! Triveni turbine is a neat company and now a RSI breakout is there. Levels marked. Keep tight sl due to market weather conditions.