both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
bearish RSI Divergence Both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
Price is making lower lows while the RSI is making lower highs which is clear sign of RSI Bearish Divergence. Entry We can enter in long trade after breakout above resistance zone with strong bullish candle. Stoploss Below the resistance zone. Target Target will be the next resistance zone. Please Like and Follow
Nifty 50 Could be a Double Bottom & Rsi Divergence candidate. If Breakout Come we can see good upsides.
This stock has given good breakout on daily time frame along with positive divergence in RSI along with macd positive crossover. Also possible Elliott wave counts are suggesting same bias, one can go long with strict stop loss of swing low of 289.90 Overall chart along with possible Elliot wave counts macd positive rsi breakout and rsi positive divergence ...
NSE:TITAN is showing Positive RSI Divergence with Falling Wedge Pattern… indicates a possible reversal…
Reliance is showing positive RSI divergence in Hourly timeframe… which indicates a possible reversal…
Price is making lower lows on chart but the RSI is making lower highs which is sign of RSI Bullish Divergence. We can take long position after breakout above the resistance zone with strong bullish candle. Stoploss below the swing low.
As promised,I have come with the Indian stock market analysis.In this chart,ICICI bank is forming a double bottom pattern in 15m time frame.The first half of the pattern is already formed,now we can catch the other half of the pattern.Also,there is a divergence on RSI,the volume indicator showed the strength to upper side.If the stock opens tomorrow with high...
GBPJPY create Buy Signal on RSI divergence and support trend line, then Supertrend buy signal on the 15 minute chart.
NSE:SUNPHARMA 7 month Consolidation between 800 - 940 & recently Breakout from Ascending Triangle Price approaching 7 Year Resistance zone of 1070 - 1080. Breakout above the resistance zone will make Sunpharma a Rocket. Short Term Target : 1070 Long Term Target : 1542 - 1831 Upside : 50%-70% SL : 880 Rising in Channel since March 2020 and Taking support from...
NSE:AUROPHARMA Strong Breakout Candle formed with Volume. Multiple Breakouts from a) Falling Trendline Pattern of many months & b) Symmetrical Triangle Pattern CMP moving above 20 & 50 Day EMA and RSI moving in Bullish Zone Target : 554 - 600 SL : 510 R: R - 1 : 2 Time Frame : 1 to 4 weeks
Previously I mentioned that NIFTY will correct near 18270 area. A correction happened today and a recovery also seen But still the Bearish Tendency exists as one can see the RSI Bearish Divergence The divergence can see from the chart. Note: For Study purpose
Seems good for a Bounce. Target seems to be 934 and SL - 850. Risk Reward Ratio stands to be at 1:3 Chart & Analysis ADARSH DEY
NSE:ZYDUSLIFE Stock is in Higher High Higher Low Formation after major correction, which indicates Positive Trend. CMP above all Weekly EMAs & RSI Rising in Bullish Zone Immediate Resistance Zone @430-435 after which Targets : 460 - 500 - 540 Upside : 35% SL : 395 Time Frame : 3 - 12 Months
NSE:CIPLA CIPLA - CMP in Blue Sky Zone and near Life time high Rising in Parallel Channel since 24 month 13 month consolidation in tight range & then resumption of uptrend. Targets: 1320 - 1458 - 1683 Upside : 45% SL : 990 Time Frame : 6 - 18 Month CMP above all major monthly Exponential Moving Averages RSI in Bullish Zone
RSI on Aug 29, 2022 - 85.63 / Closing price - 394.50 RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95 Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR. If breaks the levels 594, next support @ 520/525 (11% roughly) If holds the levels of 594/590, wait for next BO
The weekly chart of Nifty IT shows that it has come near the 50% retracement level. At the same time it shows a positive RSI divergence. This gives rise to chances of a short term upside. Though confirmation is required as per price action.