NSE:CENTURYPLY CMP = 405 is ATH. Breakout confirmed from Ascending Channel Pattern Ready to Rally 24% and test its Multi-Year Trend Line Resistance Target : 496 SL = 356 Golden Cross Over signals very Bullish Phase ahead
Nifty IT,cmp 36000 look around demand zone,, should look for reversal opportunity,,
Bank nifty spot 37575 sgx nifty indicating gap down of 200 points looks good to go long as per chart study shared,, long can be initiated let see if index follow the same route map as mentioned..
Rising wedge is formed in Nifty Bank and RSI is also indicating Heavy divergence High risk takers can buy Jan 13 expiry Put and Low risk takers can go for Jan 20 expiry put for an expected fall of about 900 points
Accumulate Positional Pick !! Excellent fundamentals with Good Order Book.
divergence spotted in bank nifty on 30min timeframe PRICE is increasing while the RSI is decreasing which shows that people are not very much interested in buying side so it could be useful on monday if we could get a proper sell entry enter short after 15min closing below 37600 target 37200 manage proper stoploss while trading trade with proper risk management
Bank nifty at good support juncture and historical study says correction time over,, and good time ahead trend change in nifty from tomorrow onwards expected Note :- we are long from last day and have added long today personally holding long position
I found this while Chart overlook ...does SBI Card shows bulish RSI Divergence on daily chart...? please kindly correct me if I am Missing something....
after sharp correction in October, HUL consolidating with falling trend line resistance in November-December also shown bullish divergence in RSI.. So, up-move expected from here, wait for trend line breakout
Hope the above chart helped you in understanding about how the Elliott Corrective Wave Theory works! So we have the example of PCBL here which was in a correction, forming the Elliott five waves and now is under accumulation phase. It has already broken the trendline and is now expected to break the consolidation phase and then complete our wave theory according...
NSE:BAJAJ_AUTO The Stock has already corrected 38.2% from the top and displaying strong support around 3150. The next support zone can be 2850 below which it is weak. Idea: Buy only 40% of your target volume and add more on dips till 2850.
1. Reversal from 200 EMA 2. Reversal from Trendline support 3. Short term trendline breakout 4. MACD crossover 5. RSI divergence
Nifty Media has given a breakout on weekly time frame after 2019. The chart has crossed up 200 dma recently. Weekly time frame shows a hidde bullish divergence on weekly time frame. My view is bullish for medium term considering the indicators on weekly time frame.
GAIL, pure RSI divergence play, Buy now with SL below 127 on closing basis.
Heromotors: Multiple times RSI divergence helps to reverse the trend. Is the same can repeat ?
NSE:KAJARIACER Bullish Flag Breakout Golden Cross Over RSI Divergence Potential : ++30% Tgt - 1020 - 1100 - 1250 SL : 830 Time Frame : 3-12 Months
NSE:CASTROLIND Break-Out from 4 Year Downward Channel RSI BO above 66 after 2 years CMP : 141 is above Long term moving averages Tgts : 153 - 181 - 202 SL : 120 R:R 1:3 Chart for educational purpose
NSE:WELSPUNIND Multi-Year Breakout above 5 Year Resistance of 89 Huge Gap in Weekly Charts filled after 5 years and 3rd Breakout Attempt Short Term Tgt : 103 - 113 - 121 Time Frame : 1- 3 Months Long Term Tgt : 160 Time Frame : 3 - 12 Months R:R - 1:5 SL : 76 Golden Cross Over & +ve RSI Divergence