SELL XAUUSD 23.12Bearish Divergence and liquidity swept.
Price also broke the parallel channel of the bullish trend.
Sell XAU
TP 2622
Search in ideas for "oscillator"
JINDALSTEL Making in flag dailyJindal Steel making good set up for swing and positional making in FLAG pattern in daily cart taking good support from EMA200 and RSI oversold.
A rally to exitSAIL CMP 120.65
Fib - the stock has halted at Fib and trendline support. In my view the 131 zone is the minimum retracement above that it will go to 144 and that will be the best exit.
RSI - the oscillator reversing from the bull zone is confirming a sharp rally.
Reliance - In weekly TF is in buy mode, but expecting a dipIn weekly timeframe, the oscillator is in buy, but I am expecting a dip or it will stay around1200-1250 levels and then we will move higher with a minimum of 50% of the entire fall around 1400 levels.
HDFC Bank Cup & handle Breakout RetestHdfc bank retesting from its breakout of cup and handle chart pattern and also taking ema 200 as support and rsi oversold with trading upward channel hdfc bank is good for swing as per this set up
NIFTy Hourly Retrace 61% swing Set upHello everyone,
Nifty falling 3rd consecutive day from 24660 to 23880 reatrace 61% fibbonacci and RSI also overold for hourly chart sustaining above 24000 give more power to buyers,
fed cut the rates by 0.25basis but commented no changes in coming year leads to fall of global markets,
expecting upside swing momentum till 24500,24700,25000. below 23800 go more panic for 23500,23300,23000
The correction still not doneBNF CMP 52600
Gap support- the stock is holding above the gap support at 52580 on the daily charts.
RSI- on the weekly and daily charts the oscillator was in the bear zone while the stock nearly went all the way up to the highs.
Pattern - with all the other indicators I can also see the H&S pattern.
Conclusion - in my view the gap support will be broken and the Index will continue to fall.
RSI TECHNICAL TRADING The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100.
The most commonly used RSI thresholds are 30 and 70. An RSI above 70 suggests a stock might be overbought, indicating a potential sell signal. Conversely, an RSI below 30 implies a stock might be oversold, presenting a possible buying opportunity
NIFTY - expecting upside with support at 24440 to 24340In hourly TF, the oscillator is in buy mode, but expecting a dip towards the support/buy zone (24440 - 24340). Once we start trading above 24600 then expecting the upside level of 25130 and 25275 in the coming days. But todays low is very important for this to play out.
Mankind Pharma Swing/PositionalHello Everyone,
Mankind Pharma looking good volume and about to breakout for good bullish swing/positional price is above EMAs RSI showing strength.
A good place to exitMetropolis CMP 2220
FIBS- the stock has halted at 50% of its fall. The trend is still weak if it is unable to move above this zone.
RSI - the oscillator in the bear zone is telling me to be cautious.
Elliott- the rally is corrective in nature. So i know not to trust it.
Conclusion- this is a best exit in my view.
Tata motors - Buy in weekly TF with a dip expectedIn weekly timeframe, the oscillator is in buy mode, we may get one more dip or we may spend time around the support. If the support does not break we may move to 950-1000 minimum as a retracement of the entire fall.
REACTION ZONES XAU BTC 09.12Some reaction zones based on swing high/low on the charts
Determine the bias of those zones before doing anything.
I'm waiting for divergence to open orders.
Brent Crude Breakout possibleHello Everyone,
Brent crude price 72.60 breakout possibel above resitance strong momentum till 75,77,80 RSI having strength,volume is concern waiting for either side break is good but overall bullish set up with Awesome ocsillator.
