price is in range bound and it is good news for upcoming setup..
Whenever you see reversal from support i wait for another candle that follow through will it come here?? Lets see
Look at small channel if it breaks look for minimum 100 rupees??
On daily TF It formed beautiful candle and in 1HR TF Looking like Flag pattern My practice
The good thing here it is green candles are with good volumes and red candles are with low volume shows retracement or accumulation All charts sharing here are for my practice purpose
IOC at crucial point if breaks mentioned yellow lines are supports will it brake or accumulate for long??? All charts posted by me are for my practice purpose
until that big green candle is safe then long positions are safe
Banknifty trading in channel now at support and even price falling but RSI is stable and flat at 35 Level// Will it bounce back lets see /.....
i am trying to analyze the stocks in this process will try to share educational content. Here you see first time price made double bottom at yellow line meanwhile RSI made Higher Low means bullish then up move happened. Then again price is making Higher highs but RSI showing Lower highs this is called RSI divergence.. Purely educational purpose ...
PFC Looking to close above trendline that is lasted for 7 years lets wait for another day for closing and see
i believe in price action after that only i wll check indicators.. see here in RSI upper trend line has divergence even though price moved higher then correction came .. after lower trend line has divergence in RSI but price didn't break previous swing low RSI made new low so divergence .. I am new trader if any wrong please inform me
This script is savior for nifty now if it moves above 2100 look for targets 2200 then 2300
i don't have idea why it needs to move down for going up.. Just i am forecasting for better risk reward ratio
lets wait for breakout
Stock looking to rise if this pattern valid
I feel Bank nifty will depend on this script to go up or down
Wait for bottom reversal candle then buying at bottom will have low risk better reward ratio..