Bullish Divergence
Buy Silver: Silver is ready for upmove Buy Silver: Silver is ready for upmove
All Details are mentioned on Charts.
A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
TATA MOTORS | TRADE SETUP 28-07-2021NSE:TATAMOTORS
TATAMOTORS has been forming RSI bullish divergence. It is making lower lows in price action while RSI is making higher lows.
Things to remember.
Since, this RSI bullish divergence is not yet confirmed so better to trade at pre-decided levels only.
Tomorrow if this will be the bullish divergence then there will be a bear trap in the initial 15-20 minutes. In which the stock will go down quickly and then suddenly it will go up. At this moment better to keep an eye on RSI. I
KOTAKBANK TARGET HIT| REVIEW | LESSON LEARNED| NEXT TRADE SETUP NSE:KOTAKBANK
Today it open gap down, so it is to follow the trade plan as per no.3 from my previous post on KOTAKBANK.
Review and what we learned from Today.
#1 As per trade plan, we have to avoid first 15-20 min to get it cool down. Today we saw a huge volatility in this initial period.
What we leared : Always to avoid trade in initial 15-20 min.
#2 RSI Bullish Divergence: One of the main signal for today to confirm was weather it is a bullish divergence or not.
Whenever such diver
BPCL NEAR SUPPORT TREND LINE- CHANCE TO GO LONGBPCL has been making consistently Higher Highs and Higher Lows and the Bottom Support Trend line is providing good support.
Now after making a Higher High on 9 June the price has been falling and it is near the support trend line at around 440.Now we have to see whether the Support holds and the trend changes. There is also a Bullish Divergence.
Keep a sharp lookout.
NIFTY 50 MONTLY LEVELS Expecting huge selloff at the range of (16250-16300 ) if Nifty break the level of 15400 and sustain for the day we can expect a downside side move for the coming month (a small correction)
If Nifty close above 15900 it can reach 16250++ (Buy only after the breakout from the resistance zone )
Personally, I'm expecting Nifty to reach 17000 by this financial year.
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are n
Crypto Marketcap bounce nicely from support, what next?Technical Analysis: Total MarketCap (Update)
In Daily timeframe Chart, Crypto Total Market Cap is Moving Above the Strong Support (1.32T) and did not want go further down
If Crucial Support Broken Down then Next STOP Could be 832bln (So We Could see Crash in Coming Days)
In Bullish Case, If MarketCap Remains Above the Support, Expecting Bounce Back towards the 1.72( 50 DMA)
RSI made bullish hidden divergence and slowly slowly increasing thats means bull seams strong now, it could probably br
Cardano short term chartTo most people, this would have looked like an inverse head and shoulder pattern but if you notice the left shoulder you will see that the lower wick is much lower than the head and hence once the price reached 1.8 USDT it did not break through. However, this is a bullish divergence pattern with lower highs and higher lows.
Divergence Masterclass 2 - Bullish divergenceIn the last thread, we discussed the basics of divergence. In this thread, we are going to learn about the positive divergence a.k.a Bullish divergence. I'll cover it in 3 parts:
1. What is bullish divergence?
2. Types of bullish divergence
3. Subtypes with illustrations
So, let's move ahead!
What is Bullish divergence?
A bullish divergence occurs when prices fall to a new low while the oscillator fails to reach a new low. It indicates that the selling pressure is decreasing and the bulls may
Bullish divergence in Mahindra financialMahindra Fin giving clear bullish divergence over MACD on all time frame. Buy MFIN 156-160 for 180/190. sl 155 on CB. Trend reversal with gap filling process now starting.
MLong
IOLCP looking good to buy above 587 with RSI Divergence As we look at the daily chart its showing that it has retraced 50% , now it is ready to move upside. If we look at 30 min TF its showing nice pattern of parallel channel and with RSI bullish divergence we can trade with the confirmation. For more confirmation it has formed inverted head and shoulder pattern on lower TF as well.























