RSI divergence + bearish candle formation the view is only for 2 to 3 days
Tatapower rising contracting wedge pattern fromation on 240 mins time frame,, dark cloud cover formation on daily and 240 mins time frame,,, bearish divergence on rsi and macd,,, good to fo short at cmp down side counter can give 15-20% fall,,, Good short candidate
Counter is on verge to complete its impulse phase of elliot wave,, on weekly time frame,, as per time cycle combination,, time of wave1 and wave 5 are equivalent and price wise also some calculative match are seen bearish divergence on rsi and macd,, on weekly time frame,, suggest the trend is on verge to mature,, good fall of 10-15% can be seen in counter good...
after yesterday's correction or bear claw of 7-10 percent fall, ETH managed to sustain over 2750-3000 price range RSI divergence on first shoulder and head point Neckline of 3100 if it broken out we can target it for 3200-3400
Lets Zoom-in to our Weekly chart shared previously and see what's happening in Sequent Scientific. As mentioned in our previous weekly view, a weekly close below 214 level may result in trend reversal (Downtrend) for this stock. Now, what can we see on Daily chart? 1)Today's close took support around 214-215 zone. 2)Bullish RSI divergence can be seen. Where Price...
Great Structure Bullish Bias Stop Loss 440s Level Target 540s Level Divergence Stock is shaping up nicely Pullback based on Lower volumes RSI bouncing from Support Level
Wait for a buy price...close to 445 (ie close to the trendline) target: 465.
ZINC Sep short Shooting star candle RSI Divergence Sell at CMP- 251.8 SL- 253.4 Target- 250.7, 249.35 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
UJJIVAN has touched its Mar'20 Covid low of 125 and has bounced off the 125 support with heavy volume. We also see bullish divergence in RSI. An ideal candidate for bottom fishing! Buy here for maximum profit potential. Less risky players can wait for higher low on the Daily chart before initiating long trades.
Bullish RSI divergence can be seen in the above chart alongside a consolidation followed by a breakout with a huge volume and then a retest. It is on its major support, take entry when it forms a bullish candle just for the sake of confirmation. Enter with a stop loss on the 20 EMA support and this setup shall work. Since RSI is one of the most reliable indicators...
Stay Cautious Investors ! As winter season is coming up I believe the sales will come down as well. Regards, Abhishek Singh
BPCL is bouncing off from its 1.5 year long trend line. It has bounced off from this trend line every time since Mar'2020 fall, thus forming and re-forming the support. Also, Daily chart is exhibiting RSI divergence as well. We are bullish on this stock with 480 resistance zone as target.
Gold US$ spot if manage to close above 1755 go long for 1797-1819-1833 conditional trade to be executed only above 1855 levels,, spring candle formation on daily time frame,,, symmetrical triangle support above 1755 bullish divergence in RSI and MACD,, good long candidate
Look good at current levels,,, expecting good upmove from current levels stoploss will be todays low
Expecting good upmove from current levels stoploss will be last 2 days low
Bearish harmonic and wolf wave formation expecting good fall in counter from current levels good short candidate
Bearish wolf wave formation expecting good fall in this counter from current levels,,,
looks good from current levels expecting much higher levels stoploss will be 1200