Reliance is showing bullish DivergenceReliance gave a breakout and saw some profit booking.Now after consolidating there is bullish divergence seen on charts which means if #RIL breaks 2040 and sustains will gear for 2180-2200 zones
LongBullish Divergence
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Bullish Shark - Bullish Trend ReversalTaking support around the PRZ of the Bullish Shark Pattern.
Expecting a trend reversal from these levels.
Long
ITC buy opportunity positional scalpbuy at 171-173 on pullback
Targets: 180 | 185 | 190 as per Fibonacci retracement levels
Bullish divergence on the daily is an additional reason to go long
Results announcement on 6th November
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Hidden Bullish Divergence in ACC Limited - Positional Buy @ 1400Hidden Bullish Divergence in ACC in hourly charts & stock moving in up trending channel near support
Buy ACC @1400, T- 1430, 1444
SL - 1390
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ITC : Bullish Divergence on PullbackITC is one stock that is exhibiting 4 strong buy signals:
1. Price Action - The stock has been trading in a price action value area as indicated in the box. Can zoom out to get a better view. See the linked ITC idea on how to exploit it best.
2. Regular Bullish Divergence - There is a clear bullish divergence as indicated on chart.
3. Declining volumes also confirm the divergence.
4. Pullback from 50 DMA - The stock has taken continuous support from the 50 DMA since its uptrend in May and unle
Long
Hindustan Unilever Positional Trade SetupBullish Divergence : Indicates underlying strength. Good entry or re-entry. This occurs during retracements in an uptrend. Nice to see during the price retest of previous lows. “Buy the dips.” Buy Positional ~ 2156, Stop ~ 2120, Target ~ 2250, 2280
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Long
CASTROL INDIA LONGIT WAS MOVING IN A CHANNEL LINE BUT NOW IT HAS BROKEN UPPER CHANNEL LINE WITH HUGE VOLUME PLUS BULLISH DIVERGENCE SEEN IN STOCHASTIC RSI FIRST TARGET IS 162 2ND TARGET IS 170 STOP LOSS IS 146
NOTE: please do your own analysis i am not advising anyone to take position in stock
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RBL BANK LONG RBLBANK IS SHOWING BULLISH DIVERGENCE IN 1 DAY CHART WITH RSI once is closes above exponential moving average 5 that is 263.5 target is the gap as shown in chart with square that is 284 approx BUT 1 ST TARGET IS 270 2ND IS 277 AND FINAL ONE IS 284 STOP LOSS WILL BE 247
NOTE: FOR EDUCATION ONLY NO ADVICE GIVEN
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PI IND BULLISH DIVERGENCEPI IND Showing bullish divergence on hourly chart, bouncing of support 1232 twice. Wait and watch for confirmation signal above 50 RSI.
Long
Long
Bullish divergence: Possible reversal in Natural GasOn the daily time frame, a bullish divergence can be seen as well as a possible double bottom has formed.
Long
Century textiles weeklyNSE:CENTURYTEX it has posted a good results, Weekly having hidden bullish divergence, but also having a rounding top can wait and take positions accordingly. Buy target 1100 Sell target 750
C
Lucrative opportunity for long term buyers!Analysis:-
- Previous week ending 5th April was bearish for HUL. Then a green Doji on 8th April showing indecisiveness against the bears. This was followed by bullish candles confirming a trend reversal this week.
- This reversal happened exactly at the long term trendline as shown.
- Stock moved in downward channel for past two months. Finally appearing to breakout from that channel with volumes.
- Currently on the brink of reclaiming 50 DEMA of 1716. I would like to see HUL cross it in the com
Long
Long
BASF Bullish Div - Ready for Small BounceBASF chart shows Bullish Divergence on 1D and 4H. Price are currently at Support level so this kind of setup demands for a small bounce from here.
For Long term, More down side Possible.
Education
Zydus Wellness Bullish STOCh RSI /RSI Div on Daily ChartStock Daily Chart shows Bullish.
1st Short term Target : 1300
Stock may Eventually Test Long term Trendline at 1030 area before big Up move.
Long
BEML Falling wedge + Bullish Divergence + Horizontal Support1 Year Long Falling Wedge can be found on BEML Daily Chart.
If the chart is zoomed out, One can see the stock is sitting on Horizontal Support Currently.
RSI Bullish Divergence is visible and can expect bounce from this area.
Resistence: 640
Stop loss below horizontal support.
Long
An investment idea in MARUTI on NSE (INDIA)This is weekly chart of MARUTI on NSE (INDIA) with CMP @ 7165. It seems to be a good investment opportunity in this scrip based on following observations:
1. During the week starting 10th July 2017, there was sharp fall in the price and then immediate recovery in the same week. It entails that huge demand surfaced in the week. Again the same level has been tested on 8th Oct 2018 and 22nd Oct 2018 before it indicated reversal. (these points are marked on the chart with arrows).
2. Price retrac
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LONG in TVS MOTOR on NSE (INDIA)This is weekly chart of TVS MOTOR (CMP @ 553.45) which looks good for a long trade based on following observations:
1. A trendline has been drawn which has been tested for its reliability many a times as established support as shown on the chart. This established trendline once again was tested on 8th Oct 2018 which also coincides with key retracement level of 61.8% as shown on the chart.
2. Counter trendline which acted as resistance many a times, has also broken out.
3. Bullish Harami was
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Investment idea in PFC on NSE (INDIA)This is weekly chart of PFC on NSE (INDIA) trading at CMP of 93.65. It looks an excellent investment idea based on price behaviour as illustrated below:
1. Price is trading in range (70 - 160) since Feb 2014. Upper and lower range have been drawn on the chart indicating various supports and resistances using arrows.
2. Activity in the scrip can be witnessed observing volume bars of last 4 weeks.
3. Price has reversed after indicating bullish divergence (marked on RSI ) after testing lower ra
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VIEWS ON ESCORTS FOR LONG TRADE ON NSE (INDIA)This is daily chart of ESCORTS on NSE (INDIA). After substantial fall in price from 1017 to 541, it is showing reversal and could be a good long trade based on following observations:
1. It is reversing after testing key supports which are shown by arrows on the chart. It is a kind of triple bottom.
2. OI built is also observed in futures contract of current month.
3. Besides price action as mentioned in preceding point no. 1, there is clear bullish divergence as seen on RSI which has been
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NIFTY BULL_GOING TO WAKE UP AND BELLOW SOON_BULLISH DIVERGENCESNIFTY TECHNICAL ANALYSIS MAKING BULLISH DIVERGENCES IN DAILY CHART AND STOCHASTIC RSI. SEE IT YOURSELF. THANK YOU!
PS :- IF NIFTY FALLS AND TOUCHES 9921 THEN IT MIGHT FALL UPTO NEXT SUPPORT THAT IS 9800 AS PER OPTION CHAIN ANALYSIS)
Long
views on AMBUJACEM on NSE (INDIA)This is weekly chart of Ambujacem (spot). Following observations indicate that it might soon give an opportunity to go long in this scrip:
1. It has been trading in a range 185 to 280 since May 2014. It has made a low of 188.50 in the last week and finally closed at 190.45. This implies that it is trading at lower range near support which has been respected many a times in past.
2. As mentioned in the preceding point, range indicating support and resistance have been drawn on the chart.
3. Bull
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