Search in ideas for "oscillator"
SILVER Update || MCX || 16-17 Jan Timeframe: 4 HOUR
Long-Term Buying Suggested Above 73600.
RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis.
"Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market.
Sell Below 72295 for +400 Points:
This suggests a recommendation to sell the financial instrument if its price falls below the level of 72295.
NIFTY: "The Beast"Animal spirits leads the life one of adventure and evolution. The beast in the mind. Tesla unveils first time on X, the Beast.
While we talk of the beast, debate on inflation vs deflation will rage on. Enough space to start a debate. China continues to obey gravity and chooses the Earth in term of anything but optimistic projections. Japan 2 Y goes back to "Zero"
Beast is also a sign that we see in euphoric markets when FOMO surrounds one and all. Today there are no contrary opinion on the Indian Equity market, or those we dont see them. There were calls couple of months back, they all have become meme's now.
The clues this morning, are to the negative, one has to wait and see how they unfold. Clearly 22100 plus is not a sustainable one in the near term. The rally is led by the Large Cap.
In term of probabilistic oscillator that is the RSI and the volatility one that is the DMI both are near or around the zone of overbought. Leave the cream to the maid looks an apt one. When MOUs have become the order book, when headlines become the bottom lines, when efforts to cut the costs are seen as solutions than problems, time to take some bets off in those places where they have exceeded the extreme targets.
For the day shorts stops 22160 for move towards 21980 is what is better RR.
CG Power: Range breakout on back of expected good QTR NumbersNSE:CGPOWER - Technical Analysis Update 🚀📊
Current Price: ₹479.65 (as of Jan 5, 2024, 12:08 PM)
Key Indicators:
Opening Price: Above critical level of ₹469.75, indicating a positive trend 🟢
Moving Averages: Recent bullish crossover in EMA and MA
MACD: Anticipated crossover in next 1-2 days; Current MACD at 6.85, Signal at 7.82
Stochastic RSI: Recovery from oversold, K at 61.25, D at 33.09
%R: -31.76, still below upper band
Fisher Transform: Positive crossover at 0.08 (Fisher), -0.37 (Trigger)
Market Outlook:
Positive momentum observed, with a break in the short-term price range.
Bullish signals from moving average and MACD crossovers.
Trading Targets:
First Target: ₹488.50 🎯
Second Target: ₹503.55 🎯
Caution:
STOP LOSS: exit around ₹461.55 - ₹461.80 (0.382 Fibonacci level).
Monitor closely for sustaining the upside movement. ⛔
Conclusion:
CG Power shows strong potential for growth, with key indicators pointing towards a bullish trend. Ideal for investors looking at short to mid-term gains. Stay vigilant and trade smartly! 🌟⚡
Disclaimer:
Informational Purpose: This analysis is for informational purposes and does not constitute financial advice.
No Guarantee: The accuracy or completeness of the information is not guaranteed.
Investment Risks: Stock market investments are subject to market risks, including the loss of principal.
Independent Research: Investors should conduct their own research and consult a financial advisor before making investment decisions.
No Responsibility: The author is not liable for any losses or damages arising from the use of this analysis.
Regulatory Compliance: This analysis is not a guarantee against regulatory risks.
Hashtags:
#CGPower #StockMarketIndia #TechnicalAnalysis#InvestingTips #NSEIndia #TradingView #StocksToWatch #MarketInsights #Finance #TradingSignals #WealthManagement #InvestmentStrategy #BullishTrends #FinancialPlanning
Apollo Hospital 1 Hour Time Frame - 28th DECApollo hospital has been bullish in past 3 days after it formed a positive reversal in the Daily-Time-Frame and took support at 5275 close to the 50 SMA.
Today im observing a positive reversal once again in the 1Hr Time Frame.
My Entry in Apollo Hospital would be at 5688, with a stop loss at 5653 and a target at 5759.
Happy Trading!!
Potential 5% Drop in Ethereum Price Amidst Transition from PoW t
Ethereum's price is currently above a crucial support level at $2,147, maintaining a bullish outlook.
Bears are gaining strength, as indicated by the Relative Strength Index (RSI) below 50 and red bars on the Awesome Oscillator (AO) moving towards zero.
The Moving Average Convergence Divergence (MACD) shows positive histogram bars but had previously crossed below the signal line (orange band).
If selling pressure increases, Ethereum might drop 5%, breaking the $2,147 support and testing a bullish barrier from $2,048 to $2,107.
A further decline below $2,075 would confirm a continued downtrend, with a worst-case scenario testing support at $1,935, representing a 10% drop from current levels.
TEAMLEASE SERVIES. LONG-TERM INVESTMENT OPPORTUNITYTEAMLEASE SERVIES. LONG-TERM INVESTMENT OPPORTUNITY
Hello traders!
key points:
🎯The price crossed its weekly resistance level.
🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 50.
🎯Volume is also increasing, there is a strong possibility that the price is ready to move higher.
Major Level:
Support Price Level - 2739.95
Resistance Price Level n/a
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 2850
Stop loss - weekly candle close below 2739.95
Target Price 1st - 5550
Target Price 2nd - n/a
risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 2739.95 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
INDIAN RAIL TOUR CORP LTD. LONG-TERM INVESTMENT OPPORTUNITYINDIAN RAIL TOUR CORP LTD. LONG-TERM INVESTMENT OPPORTUNITY
Hello traders!
key points:
🎯It appears that a Double Bottom has formed, the stock has made a lower low, and now the price is ready to move higher.
🎯The price crossed its weekly resistance level.
🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 60.
🎯Volume is also increasing, there is a strong possibility of price increase.
Major Level:
Support Price Level - 758
Resistance Price Level n/a
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 850
Stop loss - weekly candle close below 758
Target Price 1st - 1279
Target Price 2nd - n/a
risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 758 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
LONG-TERM INVESTMENT OPPORTUNITYHAPPIEST MINDS TECHNO LTD.
Hello traders!
key points:
🎯It appears that a Triple Bottom has formed, the stock has made a lower low, and now the
price is ready to move higher.
🎯The price seems to be getting support on the weekly chart.
🎯A bullish crossover has formed on the MACD oscillator and the RSI indicator has recovered
from the oversold level of 30.
🎯Volume indicator is bullish.
Major Level:
Support Price Level - 763.25
Resistance Price Level – 1023
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 900
Stop loss - weekly candle close below 763.25
Target Price 1st - 1023
Target Price 2nd - 1580
Risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 763.25 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
PI Industries Cmp 3401 Reversed near supportPI Industries Cmp 3401 dated 15-12-2023
1. Doji kind Candle near support
2. RSI reversal
3. more than 10% correction done
Risky buyers can buy @ cmp &
Safe traders Buy above 3445 target 3500-3575-
3625-3675 SL 3300
It is just a view, please trade at your own risk.
CHAMBLFERT Breakout &RSIIn this analysis, we will examine the technical aspects of CHAMBLFERT's weekly chart. We will look for key patterns and indicators that may suggest potential trading opportunities.
1. Breakout of Weekly Falling Trendline:
The most notable feature on the chart is the breakout of a weekly falling trendline. Such breakouts often signify a shift from bearish to bullish sentiment. This is a significant technical development as it suggests a potential reversal or continuation of the trend.
2. RSI Confirmation:
The breakout on the Relative Strength Index (RSI) adds strength to the breakout from the falling trendline. RSI is a momentum oscillator that measures the speed and magnitude of price movements. A breakout on the RSI typically corroborates the price breakout, making the bullish scenario more robust.
3. Hammer Candlestick Pattern:
A hammer candlestick pattern is visible on the chart, particularly on the support trendline. The hammer is a bullish reversal pattern that indicates a potential shift in sentiment from bearish to bullish. This pattern, when seen at a support level, suggests that buyers are stepping in to push the price higher.
Proposed Trade Strategy:
Considering the insights from the chart analysis, here's a proposed trade strategy:
Entry: Given the breakout from the falling trendline, favorable RSI confirmation, and the presence of a hammer pattern at the support level, initiating a long position at the current market price (CMP) of ₹284 seems reasonable.
Stop Loss (SL): To manage risk, it is advisable to place a stop loss at ₹257. This level is strategically chosen to allow for minor price fluctuations while safeguarding against unexpected adverse movements.
Target: The target for this trade could be set at ₹356. This level is chosen based on the potential price movement indicated by the breakout from the falling trendline.
Conclusion:
The technical analysis of CHAMBLFERT's weekly chart provides a compelling case for a bullish outlook. The breakout from the falling trendline, RSI confirmation, and the presence of a hammer pattern at the support level collectively indicate an opportunity for upward price movement.
However, it's important to acknowledge that trading carries inherent risks, and no analysis can guarantee specific outcomes in the dynamic stock market. Market conditions can change rapidly, so it's crucial to monitor your positions closely, adhere to risk management practices, and consider your overall investment strategy. Consulting with financial professionals is advisable before making significant trading decisions.
The Index at breakoutThis is the small cap Index in US. The small cap Indices are always a bit ahead of the broader mkts. Hence imp to watch them.
Fib Analysis- The pull back to 38.2% is telling me the trend is very strong. That the bulls have been able to regain the top of the range in two candles is strength. To me the Index is at its most imp resistance.
RSI- the oscillator taking support above the bull range is telling us the trend is intact.
Conclusion- the bears will try to regain control here. So we may get some correction but it will be an opportunity to buy. 1997 is the zone to watch now. Thats the breakout.
The short term trend in up and intactFib Analysis- the pull back halted at 38.2% from a higher zone. Hence this was just a shake up. The short term remains up and strong.
Candlestick- Key reversal at the Fib confluence at 1812. An Indication of reversal.
RSI- At price support the oscillator has taken support in bull zone.
MA- the stock is above all the three MA is very positive,
Conclusion- it will find resistance at 1860 and then 1890
Confluence of reversal patternsThis is Daily chart of Bank Nifty which has given confirmation to multiple reversal signals.
1. Rejection Candle on 11-12-23 had a good follow up move today.
2. Price Divergence with momentum Oscillator - confirmed by today's move
3. Bearish Crab pattern activated with today's move. Crab and Butterfly patterns appearing at significant lows / high (like all time lows / all time highs) sometimes gives sustainable trend reversal.
Let's see how this develops further.
Invalidation level above high of 11-12-23
Risk and Reward is all individual's choice.
Happy Trading!
tesla The Daily chart for Tesla, Inc. (TSLA), as of December 10, 2023, showcasing the stock's price movements and technical indicators on the NASDAQ exchange. Tesla is a pioneering company in the electric vehicle (EV) and clean energy sector, known for its electric cars, battery energy storage, and solar products.
support at 232: can expect to test swing highs of september
The company has been a focal point for investors interested in the intersection of technology and sustainability.
Observing the technical aspects of the chart, we can see the Relative Strength Index (RSI) at the bottom, which is an oscillator used to measure the speed and change of price movements. The RSI can help identify overbought or oversold conditions, with levels marked at 70 and 30 traditionally indicating these extremes. On this chart, the RSI appears to be nearing the upper threshold, suggesting that Tesla's stock might be approaching overbought territory. This could indicate that some investors may consider taking profits, potentially leading to a pullback in the price. However, an RSI near the overbought region can also persist during strong trends, underscoring the importance of confirmation from other indicators and market conditions.
Regarding support and resistance levels, which are crucial for predicting potential turnarounds or continuations in price, we notice that Tesla's stock has been trading within a defined channel. The lower boundary of this channel could act as a support level, where buyers historically have found value and pushed prices higher. Conversely, the upper boundary is where selling pressure has previously capped upward movements, establishing it as a resistance level.
At the time of the chart, Tesla's stock is closer to the upper boundary of the channel, which may act as a resistance in the short term. A break above this level could suggest further bullish momentum, whereas a rejection could see the stock retreat to lower levels of support.
SPX 500 The SPX500's upward journey within the confines of the rising channel suggests a market that is optimistic about future economic conditions and company earnings. However, the path is not linear, which is typical of stock markets; it's characterized by peaks and troughs even within a general trend, reflecting the constant ebb and flow of investor sentiment and reaction to external factors.
As the index approaches the channel's upper boundary, investors might anticipate a test of this resistance. A breakthrough could be read as a sign of strength and a possible continuation of the bullish trend. However, if the price fails to breach this level, it could indicate an imminent pullback, with the Fibonacci levels serving as potential areas where buyers might re-emerge to push prices up again.
The oscillator at the bottom, hovering around its mid-point, suggests that the index is not in an extreme state of being overbought or oversold. It indicates a market in balance, but one that is perhaps poised for a breakout move if a catalyst emerges.
In conclusion, the SPX500's chart tells a story of a market in an uptrend but facing a moment of truth as it encounters a crucial resistance level. Investors will be scrutinizing forthcoming economic data, corporate earnings reports, and geopolitical events, all of which could tip the balance and set the index on its next significant trajectory. This chart is a snapshot in time and one piece in the larger puzzle of market analysis. It provides a framework for decision-making, not a crystal ball. As always, prudent investors will consider multiple data points and market signals before making investment decisions.
ALKYL AMINES CHART STUDYALKYL AMINES CHART STUDY
Hello traders!
Key points: Weekly chart study
🎯The Falling Wedge pattern is complete and the price is ready to move up
🎯It appears that a double bottom has formed and the stock has made a lower low and now the price is ready to move higher.
🎯The price seems to be getting support on the weekly chart.
🎯A double bullish divergence has formed between the MACD oscillator and the volume indicator.
Major Level:
Support - 2146.10
Resistance – 2797.70
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry nearby – 2300
Stop loss - weekly candle close below 2146.10
Target 1st - 2797.70
Target 2nd - 4749
Risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If you are uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below price level 2146.10 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
Remember, this analysis is only a snapshot, and other factors need to be considered before making any investment decisions.