POSITIVE DIVERGENCE; INFOSYS# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.
LongRsidivergence
Long
Reversal in Super spinning millsBullish RSI Divergence along with positive Hilega Milega and increasing Relative Strength. This could be a good reversal trade.
Long
Bandhan Bank at Very Strong SupportAnalysis:
1) Currently RSI has converged with the stock, forming higher lows while stock has formed lower lows. It is considered as strongly bullish.
2) Stock is at very strong support from which it has previously broke corresponding resistances.
Target and SL will updated on confirmation.
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
Long
SBI CARDS: Probable price correction next weekClosing price and closeing RSI on daily charts are showing bearish divergence, as you can see in the published chart. That gives SBI Cards a probability of correction in price before further upward movement.
hindalco negative diversion given early signal of trend reversalHindalco negative diversion in MACD and RSI given early caution signal
trendline breakdown given awesome down move of 5%
now trend is sell on rise
Short
BANK NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE )banknifty is travelling inside a bullish channel
Elliot 5th wave has started
RSI divergence also visible
Market is bullish for now
short only when the channel and RSI divergence is broken
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Oracle Financial Services Software LimitedRSI divergence in Oracle Financial Services Software Limited........
Long
Long
Long
Rbl Bank LimitedRSI divergence in Rbl Bank Limited. Today's price action may be beginning of reversal.
Long
Long
Short
WIPRO ANALYSIS FOR SWING TRADE 18.02.2022Wipro looking good for swing trading
1. break out of trend line
2. rsi divergance
3. 50% retracement level of fibonacci
4. double bottom
so overall looking good to buy only when 02.02.2022 high broken
if you agree with my idea please do like.
thank you !!
Long
Cholamandalam Investment & Finance Company Ltd - 11.02.2022Cholamandalam Finance & Investment Company Ltd - 11.02.2022
The stock is trading @ 680 levels
There is a SPINNING TOP & DOJI in Daily Chart
The prices are above EMA
There is a MACD Bearish Divergence in Daily Chart
There is a RSI Bearish Divergence in Daily Chart
Let the prices go below 671, one can initiate a sell position with support @ 684.40
Watch out for the price action
Short
DXY good short candidateDXY perfect text book bearish deep crab pattern fromation
photo finish reversal
rising contracting wedge formation
bearish divergence on rsi
ready for 94.55,, 93.2,, 91.75
Short
US 10 YR BOND YIELDUS 10 YR BOND YIELD at harmonic pattern Maturity levels
ready for reversal,,
those who are worried about the rise in bond yield be patience
its ready for fall..
Short
Dow jones good long candidateDow jones at support levels of cip
rising parallel channel
as per elliot wave 5 wave about to unfold
hidden bullish divergence
as per harmonic retracement is over,,
ready for blast up move of 1000-1500 points
Long
SNP indexSNP index trading around support zone as per rising channel and as per elliot wave have completed its 4th wave,,
looks to shoot up by 200 points from current levels
Long
GODREJ PROPERTIES good long candidateElliot wave formation
on weekly time frame
when whole world is loaded with negative news for this counter
group is too good
clean chit image
good balance sheet
lets see it can be money spinner
have iron heart to catch this falling knife..
Long
GODREJ PROPERTIES good long candidateElliot wave formation on godrej properties
lots of negative new prevailing in market
lets see if technicals works over news or not
Long
Jubilant Ingrevia | VCP Pattern | Buy abv 640 for Min30%NSE:JUBLINGREA
Inverse Cup & Handle Support Tested
Pattern Formation (Retracement from Top) with Low Volumes
Swing Trade for Short Term
Buy at CMP for Tgt 620-630
Positional Trade for Mid Term
Buy Only Above 640 WCB for Tgt 840 - 1025
SL : 490 (Strict Exit)
Positive RSI Divergence, will become stronger once weekly RSI>55
Long
ESTER |Ready for Next Leap of 50% after 10 Month Consolidation NSE:ESTER
10 Month Long Consolidation in range of 125-150 since April 2021.
Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high.
Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down.
Accumulate b/w 136 - 120 as Stock will gain more strength above 140
Targets : 162 - 180 - 200 - 232
SL : 110
Golden Cross Over
Positive RSI Divergence in Weekly
Monthly RSI >60
Long
BTCUSDT : Descending Channel BYBIT:BTCUSDT
BTCUSDT : Descending Channel
Pattern : Descending Channel.
What is Channel Trading?
When trading a channel, you use parallel lines connecting the swing highs and swing lows of a market’s support and resistance.
The most common method to mark a channel is by using trend lines.
The swing highs that are marked by the trend line known as the channel’s resistance levels .
The swing lows that are connected to create the channel become the support level.
We can use a chan
PNB Buy on Dips with Multiconfirmation indicates Bullish TradePNB Daily Chart
Reason for Bullish view :
1. Multiple Entry on Trendline indicates Buy on Dips. Refer Green Up Arrow.
2. Candle above 200 Moving average indicates bull run about to start for long term.
3. Daily Trendline break out with 200 MA breakout indicates confluence Trade so entred at 39.55
4. RSI Bullish Divergence in Daily Time Frame indicates Bulls are in Power.
5. RSI value above 60 indicates strong momentum.
6. Overall Momentum is Bullish
View : Bullish for long Term / Medium Term
Long