Tasty Bite has formed a rising wedge pattern. The price has reached the resistance level of previous high. Also the weekly MACD-H has formed a bearish divergence
BEARISH MACD. WHERE AS PRICE GOING HIGHER. PRICE TOOK SUPPORT AT OCT-2018 LOWS AND WENT UP. BUT MACD STILL MAKING NEW LOWER LOWS. WITH THIS WE WITNESSED SOME SELLING PRESSURE THIS WEEK. EXPECTING MORE SELLING PRESSURE. UNLESS MACD CROSSES ABOVE UPPER TL RESISTANCE.
Wkly chart of USD-INR pair is showing all signs to reverse trend from this week. MACD divergence, long upper shadow in weekly candles and a strong wedge resistance have a strong probability to push the USD to the lower levels as market in the chart.
Hello everyone, I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both. When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.
Nifty open with huge gap down and hit days low which is 21281 level with almost -1800 points which is more then -7% on daily chart. Nifty was highly volatile due to Lok Sabha Election Vote Counting. Index has formed shaven head candle on daily chart which indicates participants were selling from days high. MACD is giving Crossdown. Nifty has given closing at...
Another winning streak of Bearβs, Nifty opens gap up and made day high that is 22588 but didnβt sustain upper level and bear took over the market and drag it down to the 22409 level. Index has formed bearish with small upper and lower shadow on daily chart. MACD is giving Crossdown which indicates more bearishness into the market. Further support of nifty will...
NSE:NAVINFLUOR - Daily Chart analysis Price Vs RSI divergence seen on daily chart Price Vs MACD divergence seen on daily chart Bullish Head and Shoulder Pattern seen on daily chart. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
Third gap down opening of Nifty50 due to global causes and ended lower for entire trading session. Another 125 points down into third gap down (nearly 624 points drop in last 3 trading session). Nifty has formed small body green candle with upper and lower shadows. MACD is giving Crossdown. Nifty broken the support of 22242 so, further support will be near...
Nifty open with gap up opening and bulls didnβt survive in the market and bear took control and made days low that is 21905 level. Nifty has broken the trend line support and formed a red big candle with upper and lower shadow. MACD is giving Crossdown. 90% of the candle is below the 9 days Exponential Moving Average line. Index has broken the support level...
After yesterdayβs choppy session Nifty has move upward. Index was not able to sustain above 9 days Exponential Moving Average line and formed small green body candle with upper and lower shadow. MACD has given Cross down which shows bearishness into market. Index has broken the support level which was 22023 so we may see weakness till 21854 with resistance of...
Second winning strike of bears, in Todayβs session. Index opened with the negative note and at the end of the trading hours Nifty formed a bearish candle with lower shadow on the daily charts which is indicating that now bears are trying to capture the market. MACD is giving Cross-down. Index has break the support of 21893 level we may see weakness till 21632...
This smallcap stock has formed rounding bottom on daily and weekly charts. MACD and RSI shows the bullish trend and could reach to all time high. But at 189 with a Stop Loss of 181 and targets of 220
M&M is showing indications of breakout on Daily charts. A moving average crossover is seen on daily charts, with 20 DEMA crossing above 200 DEMA showing indications of potential up-move in short run. Further, MACD has crossed the zero line showing strength for the up-move. One can enter the trade at 286 with a Stop Loss of 270. Target for short run will be 300 and...
Short BHARTI below 882 for 872/865/840/835. Keep stop at 900 when short trade gets active. With MACD divergence plus head and shoulder formation happening, a conditional short trade in Bharti coming
DLF now at multi year resistance zone after long rally from 360 levls, cmp 500. This rally is accompanied by low volumes while MACD and RSI also showing bearish divergence. It clearly shows profit booking coming at higher levels. Avoid going long as risk reward is absolutely not in favour
Banknifty future currently in broader range that is 43300 and 44100 and narrow range being 43500-44000 MACD and RSi given positive diversion. POC is near 44000 which acting as magnetic level. Shorters should stay cautious... as lower levels getting rejected till now
1. Bearish Engulfing Bar occured at S/R zone. 2. EMAs acts as resistance. 3. Fibonacci Retracement 61.8%. 4. MACD Divergence occured.
π Script: HINDUNILVR (HINDUSTAN UNILEVER LIMITED) π Nifty50 Stock: YES π Sectoral Index: NIFTY FMCG / NIFTY500 / NIFTY π Sector: Fast Moving Consumer Goods π Industry: Diversified FMCG Daily Timeframe Key highlights: π‘β‘ π Script is trading at lower band of Bollinger Bands (BB) and giving breakdown of it. π Already Cross-down in MACD . π Already Cross-down...