Hidden bullish divergence appeared twice in IDBI
Fib retracement at 50 %, RSI positive on weekly charts. Only for tracking.
My view on NIFTY. Index has closed below 20 day EMA for the 3rd time since April. Previously it has always jumped back with a GAP up opening. Crucial week ahead for us
Stock is in a downward sloping channel with the RSI showing bearish divergence. SL 239 Tgt - 227
My first attempt at Harmonic patterns. Request all seniors to review and correct any mistakes. Seems like stock has a Good Risk/Reward Ratio as depicted in the chart.
Stock shows Bearish Divergence in daily charts - SL - 95 Tgt1 - 90.5 Those who feel lucky can try a PUT call on Options :)
Stock might resume its prior trend up after resting on its 0.786 fib levels. Tgt - 144460 SL - 13700
For a year, the stock has been trying to break out the current resistance umpteen times. Yesterday huge volumes were witnessed with a positive indication on MACD & RSI. Buy above 29 SL - 28.35 Tgt1 - 32 ( 10 % ) Please provide your valuable feedback which would help me improve my ideas each time.
Stock has completed forming a double bottom or rounding bottom or whatever you want to call it. MACD and RSI shows positive divergence. If 480 can be breached, Tgt1 - 504, Tgt2 - 532 Thoughts please!
Long term downtrend broken in Weekly charts Rounding bottom complete. Stock seeing strong volumes these days Buy above 38 and Trail SL
Stock is in a steady uptrend post good Q4 results. Tgt - 270+ Trail SL
Beautiful channel play with Kansai Nerolac. If it crosses 400 which is the first resistance, stock can fly. Notice the hidden bullish divergence with M40ACD. Buy above 400 with SL being Channel bottom.
Just look at KSL forming a text book bullish divergence on both MACD & RSI. Pick up this stock now and watch it go up! With infra & housing in demand, KSL is one of the major beneficiary who will supply steel products to these sectors. Please support and let me know your thoughts
Look at the RSI and MACD Levels from 2015, 2016 and NOW. Whenever RSI is @ 70 odd levels, there is a potential downside to NIFTY. In the daily charts, there is a regular bearish divergence that is forming as well.
Company makes Gelatin capsules and has a good clientele. PE - 16.51 ROE - 18.31% EV/EBITDA - 7.7 YoY profits last quarter - 12 % PEG : 0.45 Seems like a company with very good fundamentals at the point of inflection. Thoughts please?
Company is a niche player in fresh fruits and pulp exports. Stock has been consolidating for the past 2 years. Promoters have recently increased stake in the company. Recently it seems like someone has started accumulating the stock and the price is ready to break out from the narrow triangle. MACD has just crossed above signal and is above 0. RSI also is in an...
Stock has corrected a lot in recent times. However, the channel has become very small in the descending triangle. Notice the volume and divergence that is forming. Would love to hear your views friends and mentors.