Rsidivergence
RSI Divergence - We saw an RSI Divergence during the 2nd week of May.
And the prices are breaking all the supports ever since.
All the other info is marked on the chart.
I would prefer to stay away from this stock until a strong bullish confirmation is received.
TAMO: THE PERFECT BULLISH BATAs this is a weekly chart, trade may take some time. Consider it a swing trade.
Imp: Look for a bullish candle near 303 on daily chart and go long just above the high of that candle. Wait until bullish signal.
Regards.
Could that be the end of the uptrend?Looks like a divergence where RSI is forming lower lows while prices form higher lows.
Could that be the end of the uptrend?
Hindalco: Play For BounceAlthough I presented the trade on weekly chart yet it would be small swing trade which may take just few days to either hit the targets or stop loss. Partial or full profit booking at first target could be done as overhead supply may hurt the upmove. Some might disagree with my Cypher pattern so I urge them in advance to take it easy :)
All nitty gritty details are mentioned on the chart itself.
The stock is highly volatile so risk averse traders may opt to stay out of this trade.
As per my setup Risk to Reward is not exactly 1:1.
So those who want exactly 1:1 may wait for pullback to 215.50 but only after hitting the 217 entry .
All the best for the week ahead.
Regards
YesBank: The Bearish Bat TargetThere is double bottom and RSI divergence seen on the chart.
Currently a short term trendline is broken on the upside. Some pullback might be seen for retest.
If this Bat plays, we may get 348 and 360 on this stock.
Technically the bat will be active above 344.
This idea is aggressive, proactive and involves risks so apply your own due diligence before trading.
Regards
Bravetotrade
Ganesh Housing Corporation Ltd There are 2 patterns in the chartTechnical : There are 2 patterns in the chart for 1hr
KEEP AN EYE ON
Chart Pattern
1. Flag pattern
2. Double Bottom Reversal
3. RSI Divergence
The breakout was confirmed on 12/11/2018 11:15am Candle @183
Technical Target : 207
Fundamentals :
(Fundamental Medium Term Target 250)
(Fundamental Long Term Target 300)
1.Total (Mkt. Cap) : 899cr
2.Debt : 0.28cr
3.Stock PE : 23.50
Nifty : Mujko Pehchaan Lo... InsiderB is Back !Yes, I'm Back to Tradingview !
Before the analysis, I want to thank each n everyone of you for all the love, Thank you so much for your messages & people who gave follows even when I'm not available. Thanks for the Trust & Love :)
It has been more than 100 days since I posted & from now on I will try to post more often.
Now Our Nifty analysis :
Let me put that in simple manner & if you have doubts, as usual you can comment your queries & I will try to explain.
(i) Bull run from 7900's to 9300's without any retracement (pullback) thats 16% gains in 100 days. Thats a tremendous bull run, so definitely a pullback or correction expected
(ii) Nifty forming higher high & RSI showing bearish divergence, ( Negative sentiment )
(3) People who followed Me for long time knows the Gap theory we believe : " Gaps will be always filled, No matter what "
(iv) So Gaps in the zone of 9000's will soon get filled, my expectations
(v) Check where Nifty retraced, right at 1.272 extension of previous Bear rampage.
So, in short 9000's are expected in Nifty sooner. If any alignment / format probs bear with Me, it has been long time since I posted.
I got few queries like, any signal service or mentoring or pvt.whatsapp group : No Guys, not doing any of that. But I will be here to answer all your queries :)
Note : As it has been long 100 days, I will make myself available to answer your queries in comments...
Thanks for all the Love & Support :)
GRASIM SHORT Engulfing & Divergence !Today's big Black candle which engulfed the last 2 candles and closed at lowest level is showing the forthcoming weakness. It is also showing bearish divergence in the overbought Zone. One can short the stock at the level where Stop Loss of 1102 on closing basis is affordable to them.
VEDL Diamond Pattern !I am posting nicely formed Diamond pattern , ready to trade to take advantage and timely decision. Good Luck
