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Relative Strength Index (RSI)

NIFTY DAILY - 20/2/2024The bulls successfully stretch their arms for yet another session and 6th winning strike of them. Nifty50 has made another All Time High that is 22215. Index has formed green body candle with upper and lower shadow. Currently RSI is 63. Nifty find nearest resistance 22381 level and nearest support lies around 21961 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
1
CRV is showing Clear Divergence +1100% Profit Potential--------------------------------------------------------------- Description --------------------------------------------------------------- + The analysis reveals a clear RSI bullish divergence, signaling an imminent reversal in price dynamics. This divergence pattern often precedes a significant uptrend, suggesting that a rebound is on the horizon. Investors keen on technical indicators would find this development particularly noteworthy, as it hints at a shift in market sentiment towards bullishness. + The prospect of a substantial profit of 1100% without the need for leverage underscores the attractiveness of the impending price recovery. Such a potential windfall without leveraging positions speaks volumes about the strength of the anticipated uptrend. It presents an opportunity for traders to capitalize on the market's natural movements without taking on additional risk through leverage, a strategy that aligns with conservative yet profitable trading approaches. + At present, the asset's price finds itself comfortably nestled within a supportive price zone. This zone, historically significant in providing a floor for price movements, serves as a solid foundation for the anticipated bounce-back. Market participants monitoring this zone with keen interest anticipate a swift turnaround, driven by both technical indicators and historical price behavior. This expectation adds weight to the likelihood of a bullish resurgence in the near future. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.3973 - 0.4797 Stop Loss: 0.3696 ------------------------------ Targets 1: 0.7353 Targets 2: 1.1190 Targets 3: 1.5840 Targets 4: 2.1276 Targets 5: 3.1282 Targets 6: 4.6582 Targets 7: 6.7875 ------------------------------ Timeframe: 1W Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
5
NIFTY DAILY - 14/2/2024Indian index opens with gap down with huge selling pressure due to bad inflation data from US and bears took nifty to the low of the day that is 21530. Afterwards bulls took the charge and started filling the gap and made high of the day that is 21870. Index has formed large green candle with upper and lower shadows. Index has taken support at 50 level on RSI. 21912 will work as resistance level & 21632 will work as support level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
ROKU is pulled back for re-entryROKU has been downtrending in a retracement of the uptrend from late May to mid June. On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers prefer to buy in either the under valued zone or the lower portions of the fair value zone and then in turn sell high in that zone or above it in the over valued zone. The RSI indicator shows RSI to have descended into the oversold zone where RSI is about 20. On the volume profile price has descended into the high volume area where increased trading volume will support price and likely push a reversal.
NASDAQ:ROKU
by AwesomeAvani
1
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:BTCUSDT 😊Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Bitcoin's recent performance has been strong Short-term long positions are risky via overbought RSI A correction may precede a potential move past $50k ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Cup and Handle Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
6
#BTC/USDT 1h (OKX Futures) Parabolic channel on resistanceBitcoin just printed a shooting star and seems likely to retrace down with that overbought RSI, very short-term. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (9.0X) Amount: 5.0% Current Price: 47555.0 Entry Targets: 1) 47643.2 Take-Profit Targets: 1) 45534.1 Stop Targets: 1) 48700.3 Published By: @Zblaba CRYPTOCAP:BTC OKX:BTCUSDT.P #Bitcoin #P2P bitcoin.org Risk/Reward= 1:2.0 Expected Profit= +39.8% Possible Loss= -20.0% Estimated Gaintime= 2-4 days
Short
by TradingOn
1
NIFTY DAILY - 9/2/2024Bears loose its winning streak in the market. Nifty open with negative note and witnessed heavy selling, during the day. one point of time nifty registered low of 21629. But after making low nifty recovered and formed a big green candle with long lower shadow and upper shadow on daily chart which indicate bulls are back in the game and they are buying from lower end. Candle is at middle band of BB indicator. Index may reverse from here if nifty crosses 21912 hurdle level and 21632 will work as support level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTYLong
by radha_23
Bitcoin(BTC): Getting Ready To Drop?Another week is showing us some bullish momentum here after that liquidity sweep, which resulted in a touch to the $39,500 zone. Now that we are seeing another bullish weekly candle, we also see the long wicks that are left by bulls in the upper zones, which indicate a potential short squeeze to happen soon. With that being said, we are monitoring that $45K zone for any potential touches, but overall, the gameplan remains the same; we want to see lower zones being reached! Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
#MINA/USDT 4h (OKX Futures) Broadening wedge breakdown & retestMina Protocol printed a shooting star then lost 50MA support, seems likely to retrace down next. ⚡️⚡️ #MINA/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (4.0X) Amount: 5.2% Current Price: 1.1488 Entry Targets: 1) 1.1738 Take-Profit Targets: 1) 1.0603 Stop Targets: 1) 1.2306 Published By: @Zblaba CSE:MINA OKX:MINAUSDT.P #MinaProtocol #Web3 minaprotocol.com Risk/Reward= 1:2.0 Expected Profit= +38.7% Possible Loss= -19.4% Estimated Gaintime= 5-10 days
Short
by TradingOn
Higher High Higher Lows - VARDHMAN ACRYLICS📊 Script: VARDHACRLC 📊 Sector: Textiles 📊 Industry: Textiles - Manmade Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages giving crossover. 📈 Right now RSI is around 67. 📈 Script is making Higher High Higher Lows as shown in chart. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 72 🟢 Target 🎯🏆 - 80 ⚠️ Stoploss ☠️🚫 - 68 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:VARDHACRLCLong
by radha_23
1
QQQ and individual stock Relative Strength multi-time framesOn this 15-minute chart I have installed an indicator twice- to compare the relative strength of several symbols /stocks in its customization. One is set up for a 15-minute time going back 4 trading days while the other on the right 5 minutes with a lookback of only 30 minutes ( fully customizable). See comments in text boxes on the chart. I believe that this can be used to help find the best entries and exits for positions to complement other indicators. The setup on the right is best for intraday trades while that on the left could be used in swing trades. This could also be used to compare indices, commodities, or currency/forex on long and low time frames for a similar function.
NASDAQ:QQQLong
by AwesomeAvani
Risky Double Digit - CENTRUM 📊 Script: CENTRUM 📊 Sector: Finance 📊 Industry: Finance & Investments Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages giving crossover. 📈 Volume is increasing along with price which indicates volume breakout. 📈 Right now RSI is around 68. 📈 One can go for Positional Trade. ⏱️ C.M.P 📑💰- 37.65 🟢 Target 🎯🏆 - 45 ⚠️ Stoploss ☠️🚫 - 35 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:CENTRUMLong
by radha_23
Volume Breakout + Double Digit Stock - HATHWAY📊 Script: Hathway 📊 Sector: Telecomm-Service 📊 Industry: Telecommunications - Service Provider Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages crossover soon. 📈 Volume is increasing along with price which indicates volume breakout 📈 Right now RSI is around 70.. 📈 One can go for Positional Trade. ⏱️ C.M.P 📑💰- 26 🟢 Target 🎯🏆 - 36 ⚠️ Stoploss ☠️🚫 - 21 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:HATHWAYLong
by radha_23
1