I would short the stock tomorrow opening with SL of 88.50(Closing basis) and expect a target of around 80 and framing the trade with the following reason : 1. The stock is showing good frequency around the lines. 2. it is having 2 Drives and Wolfe wave developed confirming a potential reversal. 3. MACD is showing Divergence & Stop loss is affordable to me so looks...
Double zig zag correction + Clean positive divergence in RSI and MACD indicators in Day and Week timeframe. Buy with SL = Weekly closing below 575
Wockpharma is showing signs of bottoming out at current levels and may be ready for a short term uptrend. Selling pressure is getting absorbed and macd positive divergence supports bullish view.
Bearish divergence + MACD Crossover Weak volume in trend. potential shorting candidate
Well Infy has now made a double bottom on the weekly charts with lower lows on RSI and MACD-H. On the daily Chart also it has given a BUllish Divergence. So guys Load Up on Longs ONce 950 crosses 980-1000 will come in no time..I expect good move in Infy tomorrow and the coming week.
It has been observed on the 30 mins chart of GBPUSD that the price is at an important resistance level which has held well in the past along with an MACD Crossover. Entry: 1.2649 to 1.2666 Target 1: 1.2591 Target 2: 1.2534 Target 3: 1.2468
It has been observed that the Price on USDJPY 30 mins chart has been moving inside a rising wedge with the MACD about the make a crossover. Entry: 113.285 Target: 112.092 Stop: 114.355 Regards.
RSI DIVERGENCE WITH MACD DIVERGENCE AND THERE IS A REVERSAL SING IN HEIKIN ASHI CANDLE SHORT AT 1196 STOPLOSS 1235 HERE IS NO TARGET WE WILL TRAIL OUR STOPLOSS
RSI DIVERGENCE WITH MACD CROSSOVER,TAKING RESSISTANCE AT 89 EMA AND IT ALSO GIVES A SHOOTING STAR.....FULFILL MY FAB 4 THE CRITERIAS,GOING TO BE A INTERESTING TRADE SHORT AT 935 TARGET 890 STOPLOSS 980
IDEA has been correcting since a long time and looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction. Happy Trading!!
Nifty Daily pitchfork chart.Looks good for the target of 8750-8800.But the Only problem is the indicators.RSI and MACD are overbought in Daily chart but Weekly chart told a different story.All depends on Budget This is my personal view and only for study purpose
EURUSD poised to move out of lower trend channel. Probability of downward break confirmed due to bearish MACD divergence. Targets 1.05 to 1.055 zone
USDJPY is starting to show bullish divergence indicating that the downtrend may be coming to an end.
fsl making a cup and handle pattern in weekly and monthly pattern for target price of 64 to 74 for long term with +macd cross over
Adaniports head and shoulders Resistance acting as support MACD divergence Can sell below 291 SL 300 for trgt 284-272
Nifty 8400. Made a high 8461 with a Dark cloud cover on top, having negative divergence in MACD, can correct to 8285 _8230 level. If my count is correct, with the 5th of C is extended more than 62% the correction could be steep & swift. On the other hand the scenario is bullish above 8228 as external influences could be positive and we all are expecting a...
the trend for eurusd is going down and macd rsi also support that
As we see Titan confirmed Double Bottom pattern by closing above 325 level. Also there is positive divergence in RSI & MACD histogram indicators at the two bottom levels namely at 303 & 308 confirming the reversal of downtrend. On balance volume also rising. It achieved target price of 350 levels as per double bottom pattern calculation. Next Target price is 375 ....