SPY getting strong support around 100SMA.
Market Makers playing to accumulate at lower prices. A Clear divergence between OBV and price change. Nothing to panic still.
Go Short on RAMCOCEM as its formed bearish engulfing. AND cracked OBV shows that major players have sold the stock as it was range bound since few days.
Short RAMCOCEM at 705. Target 695 with SL of 710
.... Detailed mentioned on chart.
(ENTRY / EXIT / SL point)
Short Term -VE Divergence in #1: RSI, #2: W%R, #3: OBV, #4: MACD, #5: CCI.
(All Indicators are not Plotted on Chart, due to technical problem)
HEXAWARE FUT: Trade Set UP
Trade Date 07th Sep 2017, EXP: 28th SEP 2017, LCP: @ 271.2
Possible SHORT Below @ 269.95
TARGET: @ 268.8, @ 267.9 - @ 267 (BZ), @...
PTC PTC complete the Inverted Head And Shoulder , by closing above the neckline of the chart pattern so made , With rising OBV . and Is set to head towards 147 Zones.
AMARAJABAT: @ 849.75
Is Back to Back HARMONIC ?
Possible Decent Upside AHEAD.
Scenario #1: If Formation towards Harmonic Bearish GARTLEY , TGT: Nominal Upside & Should be @ 912+
Scenario #2 : If Formation towards Pattern "W" , TGT: Decent Upside & Should be @ 977+ ( May Be in Between @ 959 - @ 981 )
Scenario #3 : If Formed Harmonic Bearish CRAB TGT Should...
TORNTPOWER: @ 187.10
Powered by DIVERGENCE Power.
Detail of POSITIVE Divergence along with Indicator Value , Start & End Date:
Divergence Start Date Close I_Value End Date Close I_Value
RSI +VE 13/06/2017 183.45 30.94 19/06/2017 181.55 31.42
OBV +VE 13/06/2017 183.45 3.187E8...
GSFC: @ 125.45, RCP: @ 126.2 (LTP at 03:29:59PM, i.e Last Tick in Normal MKT.)
Towards Formation of Bearish GARTLEY
B = 0.618 of XA, Here 0.614, Criteria Fulfilled
C = 0.382 - 0.886 of AB, Here 0.601, Criteria Fulfilled
Projected "D" = 141.3 Normal TGT.
To Confirm Rest two Criteria
D = 0.786 of XA &
D = 1.272 - 1.618 of BC, Projected 1.466...
Tata Motors -
1. Here you can see, NSE:TATAMOTORS is on resistance on daily trendline.
2. Also, you can see the earlier resistance area which might turn out to be support and help in breaking out of the downward sloping trendline.
3. Otherwise if it doesn't find demand, we may see levels of the previous swing lows.
4. There's a divergence with the OBV...
Analysed this stock on 2 Sept when it was closed @ 952.
Tried buying next trading day but bad luck it was in ban period.
Volumes, MACD, OBV & ADX positive.
Target 1 - 1183.80/
