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Strength

Showing Strength on MultiTimeFrame after Taking Support.NSE:FINEORG is showing signs of strength after taking support on the daily time frame, the counter is still in an uptrend and strong in the Multitime Frame. A Close above 5668 will activate the trade. The Support marked is Crucial going forward. NSE:FINEORG is engaged in and outside India as the largest manufacturer, processor, supplier, distributor, dealer, importer, and exporter of a wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other speciality applications in various industries. It is among the six largest global players. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:FINEORGLong
by Karanshah137
🚀 Opportunity Alert! 💹 Don't Miss Out on J&KBANK! 📈 Stocks Su## Trade Details - Name of The Stock : Jammu & Kashmir Bank - Type of Trade : Momentum Investment or Positional Trade - Duration : More than 60 days - Entry Level : Between 62.00 to 65.00 - Stop Loss : Initial 60.00 (Trail accordingly) - Target : above 92.00 --- ## Chart Details - Level 63.00 (resistance) has broken with higher volume - Stock has corrected 12% from 52-W high - Relative Strength (RS) positive - RSI is also showing strength - Good time to take position
NSE:J_KBANKLong
by We_Learn_Investing
2
Igniting a Fresh Breakout - Step into the Action Now!Trade Details Name of The Stock: Finolex Cable Ltd. Stock Category: Small Cap Trade Type: Positional Trade or Momentum Investment Duration: More than 60 days Entry Level: Ranging from 940 to 975 Stop Loss: Initial 865 (Trail accordingly) Target-1: Aiming Above 1200 - Prepare for the Surge! Chart Details Breaking Barriers: Finolex Cable Emerges with Newfound Strength and Volume! Opportunity Knocks: Trade with Confidence as Stock Gains Ground in Accumulating Zone Initial Accumulation Phase Kicked Off Following 600 Level Breakout Power of Positivity: Relative Strength (RS) and RSI Indicators Shine Bright Onwards and Upwards: Stocks Ascend Amidst High Volume Activities Ahead of Q1 Earnings Stay Tuned: Target 2 Unveiled upon Accomplishing Target 1!
NSE:FINCABLESLong
by We_Learn_Investing
The accumulation phase of BTC is intact The range is drawn with the help of trendlines. It is highlighted with red and green color, red being the resistance range and green being the support. Relative strength is gaining but there is one catch, This indicator works on the relative price of the past few days whichever is set as per the preference. If you see the past few months BTC is in the accumulation phase or phase of consolidation. There was no spur-of-the-moment, therefore the relative strength was at the bottom and since the past few days there impulsive buying which has created a spike in the relative strength. This could be a trap. It should cross the resistance line and 200 EMA
by OK_Rane
What Is the RSI Indicator & RSI DivergenceRSI - Relative Strength Index Indicator: The Relative Strength Index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. It is important to note that the RSI does not indicate whether a stock is a buy or a sell; rather, it provides insight into the current trend of the stock. The RSI is a versatile indicator that can be used by traders of all levels and can be adapted for any style of trading. For example, a trader may use the RSI to identify support or resistance levels, or to spot divergences that can be used to predict future price movements. The RSI can also be used to locate potential trading opportunities by looking for overbought or oversold conditions. Furthermore, the RSI can be used in combination with other indicators, such as moving averages, to gain a better understanding of the market’s overall trend. Formula of RSI: The RSI is calculated using a formula that compares the magnitude of recent gains against recent losses over a specified period. The formula for the RSI is: RSI = 100 - (100 / (1 + (Average of Upward Price Movements / Average of Downward Price Movements))) What is periods in RSI: Periods in RSI (Relative Strength Index) are the number of time periods used to calculate the RSI. The most commonly used period for RSI is 14, but other periods such as 7, 9, and 25 are also used. This number represents the number of time periods that are used to calculate the RSI, so a period of 14 would mean the RSI is being calculated using the last 14 time periods. RSI divergence: RSI divergences are a type of technical analysis used to identify potential trend reversals in the markets. They are based on the Relative Strength Index (RSI) and are used to spot potential trend reversals before they occur. A divergence occurs when the price of an asset makes a higher high, but the RSI makes a lower high. This suggests that the current rally is losing momentum and may reverse course. Similarly, a lower low in the price and a higher low in the RSI may signal an impending rally. Divergences are best used in conjunction with other technical indicators and analysis to confirm price action. It is also important to keep in mind that divergences do not always lead to reversals and may simply signal a period of consolidation before the price continues its current trend. Divergence Cheat Sheet / Types of Divergence:
Education
by AfnanTAjuddin
1
Basic Pattern: explanation of Cup and Handle pattern.How to trade Cup and Handle pattern? The Cup and the handle pattern is basically the retracement from the prior top to about 1/3rd of the vertical height of the cup. Cup and Handle pattern can be seen both as a bullish continuation or reversal pattern. Cup The Cup is usually “U” shaped and may be considered as a rounding bottom with almost equal highs on the both side. Handle The handle is usually the pullback and the pullback is about 1/3rd of the size of prior advance. The smaller the pullback, better is the strength of the formation and higher the possibility of breakout. Volume The breakout from the handle’s resistance should be appear with increased volume therefor conforming the breakout. Target The projected target from the breakout is usually the vertical distance from the high to the bottom of the cup. If you want more education ideas please LIKE, and give SUGGESTIONS in the COMMENT box below.
NSE:NIFTYEducation
by Jay_shree
44
LTC Short Swing Trade (D, 240) Price broke the important level at 0.0093 and we have 2 more incidents that show price tries to go above this level and rejected badly. This is one important sign that we can short this with perfect timing. We have another important level to watch for i.e 0.0085 price level because once we breached this level and typically price didn't go below that so, this price level is holding strong as we can see a Range bound. If this level break with strong power then we can grab a cigarette. As we have to correlate with BTC I smell BTC has strength thus LTC weakens. If BTC has the weakens then we can expect a spike. Entry: 0.009 TP: 0.0078 Stop loss: 0.01 Position Size: 1% Risk on your capital/800 Risk/Reward: 1:3 So, HH RR. If TP is hit then we will be at 15% profit. Buy from Sellers and Sell from Buyers.
Short
by ReddyShyamShankar