Search in ideas for "oscillator"
Adani Gas Retraced long swing Hello everyone,
Adani total gas jump from bottom 575 to 860 now trading at 745 retrace 38% with volume drop indicates sellers dont have strength RSI also adjusted from overbought to now near 40 ema 50 support is there good long set up for trend fibbo extension 0.61% i.e 920++
Bata Weekly falling wedge Bullish Divergence Squeeze Hello Everyone,
Bata India formed RSI bullish Divergence on weekly timeframe also afalling wedge pattern monthly timeframe peanut chart pattern upside breakout possibilities so buy on dips is good strategy once break above 1550-1600 will go for 2000,2200,2500++
Consolidation or Distribution Kotak CMP 1746
Trendline- break of a long term trendline should raise some red flags. The stock has been consolidating since 2020 and has now broken the trendline is very negative. Hence this consolidation is distribution to me.
Fibs- the dip to 38.2% is strength. However the consolidation above it has negated the view of strength.
RSI - the oscillator falling below the averages is again negative.
Conclusion- use this rally to book profits.
My 3 good entries following trend with ADAUSDT on M15 timeframeThis Uptrend season I decide only BUY with altcoin and spend most my collection in SPOT.
20% assets will forcus on future only x3-x5 Margin and BUY LONG only.
This chart shows how I follow the trend in Uptrend with good entries good positions.
My prediction with ADAUSDT will raise up to 3.1$ soon in 2025.
this dip will be an opportunity Tata Power CMP 414
Elliott- there is one more wave C down of the double corrective pattern zig zag still due.
Fibs- 370 and 343 are the two zones to look for reversal. Fib ext too has the similar zones.
RSI - break of support at 45 is negative. the oscillator was in the bear zone while the stock made new highs is again negative. It will continue to fail below the averages.
MA- The rallies are failing below the averages. That's weakness.
Conclusion - this stock is in a strong bull trend and this dip will be an opportunity to buy this counter.
Consolidation or distibutionSRF CMP - 2297
The stock has been sideways for several months now. So the question is , is this consolidation or distribution?
RSI - If we look at the oscillator it has been trading in the bear range through out this phase. It is telling us things are changing.
Conclusion - since the stock is trading in a range. The downside break of the range should be taken seriously. Best is take profits off the table on the upper range of this consolidation.
Wait for a dip to enterCMP 563.40
Elliott- The 5 wave move is an impulse wave. Hence this correction is an opportunity to buy. In my view wait for a dip to 520/530 to enter his counter.
RSI- the oscillator halting above the bull zone of 40-45 is an indication of trend being intact.
Fib - the retracement to 38.2% of the current swing is telling me the trend is strong and this correction is an opportunity.