M92_S

M92_S

As it can be seen on the Daily Time frame chart The price has moved down from 55165 to 53833 (-1332 points) during the time period of 25/10/24 to 13/11/24 While during the same time period the RSI has moved upwards from 28.99 to 30.66 It is a 13 bar divergence If the RSI crosses and sustains the level of 40 on Daily time frame , we could expect an upmove...

M92_S

It can be observed that - *Monthly RSI is near 60 *Weekly RSI is near 40 * Daily RSI is around oversold zone Also it is approaching the support zone of 255/250 The correction/fall is missing any high volume/distribution days, indicating mild selling pressure

M92_S

As marked on the Monthly time frame of Nifty - During an upmove in the market when such hanging man pattern is formed, - The following month has shown Bearish/Sideways movement in the market - Similar "Hanging man" candle can be observed for the month of August As of now since the commencement of September trading month we have seen a fall of 481 points...

M92_S

Tata Steel :- - Monthly RSI showing signs of Divergence - The same could be observed on Weekly RSI as well - On daily the candle formed on 26.04.24 seems to be bearish in nature with high volumes forming a double top around the levels 165/170. The Fib retracement could be seen plotted at 154-150, 0.5/0.618 respectively. A short can be initiated from the levels...

M92_S

Real Rally yet to start or market soon to be on crash mode? Weekly Time frame - * Adx is not yet above 20 but is approaching from below * +ve DI is above 20 at 28.05 * -ve DI is below 20 at 15.77 * Price action reversed at RSI 40 (Levels 2240/2250) in October'23, that was a breakout in June'23 * RSI closed above 60 in 2nd week of December'23 * Closing is...

M92_S

Tata Motors DVR - Cup with Handle 6 Years Cup with Handle Cup Neck Line - 287.00 (01/05/17) Cmp - 309.95 Entry - 298.50 (4% from Neck line) Stop Loss - 281.25 (2% from Neck line) Target 1 - 328.35 Target 2 - 361.20 Target 3 - 397.30

M92_S

Honeywell Auto Ind - - Multiple months Triangle Pattern - Trendline since March'21 - +DI rising above 20 along with ADX above 20 - RSI consolidation above levels 60 since 3 weeks - Ichimoku Cloud support

M92_S

Script - SIEMENS - Monthly RSI - Above 60 - Weekly RSI - Above 60 - Daily RSI - At 60 Entry - between 3650/3680 SL - 3615 Target - 3870/3880 , trail above these targets if holding.

M92_S

* Monthly RSI Bounced from 60 * Weekly RSI in-between 40-60 (upwards) * Daily RSI at/below 60 - Spinning Top on weekly TimeFrame High - 612.00 Low - 532.25 - Target - 691.75 Enter based on 612/625 range B/O with Small SL

M92_S

* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame * Monthly RSI above 60 * Daily RSI approaching 40 ( currently at 48) * Trendline support from 6-7 months * Entry on positive candle with confirmation - Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R

M92_S

SONATA SOFTWARE - - Cup Pattern (1 year 3 months) (WEEKLY time frame) - Breakout on March 1st, 2023 - Level 768.70 - Approaching retest zone of 768.70 - 753.00 - Entry on reversal Price Action * Monthly RSI above 60 * Weekly RSI above 60 * Daily RSI approaching 60 Chances of bounce/reversal on daily time frame Targets - 1. 809.50 2. 822.25 ...

M92_S Updated 

- Monthly RSI above 60 - Weekly RSI above 60 - Daily RSI approaching 60 from above - 15th & 16th Feb, Breakout and consolidation, forming a base Target - 4042 / 4185 (approaching ath)

M92_S

RSI on Aug 29, 2022 - 85.63 / Closing price - 394.50 RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95 Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR. If breaks the levels 594, next support @ 520/525 (11% roughly) If holds the levels of 594/590, wait for next BO

M92_S

- Nifty moving within a Falling channel - Unable to sustain below the upwards trendline - Previous fall from 15827.85 - ADX showing a upward direction - Rsi above 60 It can be R (15827/15880) to S (15550) or a Breakout, can get a clear direction on Monday's closing / Tuesday. (convergence of falling channel and upwards trendline)

M92_S

- Weekly trendline tested 6 times already - today's closing if below the trendline, it could fall further below towards 32250 follow by 30600

M92_S

- Recent downside move of 34.33% - ADX turning downwards (both adx & -ve DMI) - "Morning Star" pattern on Daily chart with adequate volumes - RSI at level 40 from below to upwards Today's closing above the bearish candle on 14 march'2022 , should trigger an up-move and the target can be 513-518 levels (13%)

M92_S

Heavy divergence on daily time frame? - Nifty Futures Correction? Sideways? Stock Specific movements? Indices Options Selling?

M92_S

Maybe Bullish...........................................................................................