Hi all Today would like to throw some light on RSI on Monthly Charts based on previous reactions. This is just my personal observation but not a Recommendation. As we see when RSI reached above 80 levels on monthly chart, we observed good correction happening previously since 2007 which is already marked on chart, same wise when ever its reaching near to 80 and...
This stock is in the process of forming Bearish harmonic pattern, First it will reach the levels of upside and from there it will be entering onto Bearish side. Levels are marked on chart Just a View not a Reco...
As per Liquidation & Demand supply i have marked those zones , we can use price action bars at these areas for confirmation. Just a View not a Reco...
As per price action and Demand supply i see a bullish movementum in this stock levels are marked on chart just a view not a Reco...
As we see in this chart of Hourly time frame price has reached Previous Supply Area and if it gets rejected we can see a price to correction and levels mention on chart. Just a view not a Reco...
We see a Downward channel break out and taken support at previous demand zone so we may see some bounce till 514 and sustaining further 554 levels keeping and trailing stoploss with support trendline with shifting support in lower time frames. Just a View not a Reco...
Perfect setup with perfect RSI Divergence, as we can on this chat it has formed perfect rsi divergence which indicates a bearishness. levels are marked on chart Just a View not a Reco...
In this stock its visibly seen an RSI Divergence along with Bollinger band mid level is broken which indicating bearishness on daily time frame. Just a View not a Reco...
As per candlestick pattern it has formed Evening doji star, as per pattern its very high probability reversal indication hence risk reward is favourable, i see a bearish movement just a View not a Reco...
On daily time frame we see a RSI Divergence happening third time which gives a confluence of going short as Price and its strength is getting weakened. Just a View not a Reco...
Every thing is on chart just a view not a reco... ihas been getting rejected from upper boillinger band as per BB strategy i see a down move.
as we see this stock it has rallied 123% which is not a good sign as it has just shootup like a rocket expecting good profit booking / good retracement has to happen, Just a view not a Reco...
As we see on daily time frame its has formed a Bearish Harmonic pattern and even FII Long short percentage has reaching its Highly Overbrought senario where we can expect a good correction in coming days. Support and resistance levels are marked in chart, note after a retracement it may try to make double top means again may retest all time high and from there we...
As per chart pattern it has formed Double top and getting a Reversal, where risk reward is favorable prefer next month option is better, just a view not a Reco...
This stock is in way of forming a harmonic pattern where levels are mentioned on chart just a view not a reco...
On Daily time frame it has formed a Bearish Engulfing pattern and on lower time frame we see a trendline support by breaking it will see more down side movement, levels are marked on chart Just a View Not a Reco...
This stock has formed some consolidation and formed a base and ready to fly to higher levels based on price action and CPR based. Just a View Not a Reco...
This stock has dual days Inside CPR which means a massive move for the day levels mentioned on chart, Just a view not a Reco...