RSI MACD DIVERGENCE WITH PRICE ACTION how to use
trendline trade examplke
moving average ( here , SIMPLE MOVING AVERAGE ) is useful in trend trade
simple support and resistance trade setup
nifty trend line and RSI divergence
Hdfc now above physchologicL zone of 1800 mark Finished the downmove and might knock doors of 1900 again Important on Ichimoku Price action wise also good close above key hurdles and physchological mark Volume and Macd going good Thus overall upmove shall continue till 1900.minimum
gold currently in a visible uptrend , with support range in 1700 /1689 while hurdle at current level if current level hold a sharp upmove cant be denied of 50 /60 $ in gold while downtrend will begin in short duration if breaks 1700 on downside trade accordingly
I will look to sell the stock on a bounce from current levels in areas of 127 to 131 for 121 /114/110/100 targets
infy i see the stock shown underperformance as compared other stocks and added to it not shown much to help index in the recent upmove now as index is 1000++ point up in 4 /5 days a pullback cnt be denied thus the responsibility to hold comes on shoulder of non perforforming counters