NASDAQ Divergence on the Daily chartTake a look at the divergence that happened in February 2020. Well that same divergence has happened once again in a similar scale so we can expect a similar type of sell off. Not to mention how overbought the Nasdaq is doing, many will take this as a sign to take their profits.
Rsi_divergence
EURCAD 4H Potencial scenario for sell. We are on key level of resistance. We have double top wich is clearly seen on 1h + divergence on RSI. We have 3 tp levels - you can open 3 positions for every TP , or open 1 position and close 30% on every tp and move sl in profit. The SL is small and thiny above the tops This is agressive entry so please do not risk more than 2%.
Hdfc bank good short candidateHdfc bank positional short candidate,, can be sold in range 1080 to 1130,,
view gets negated above 1200 levels on closing basis
down side breaking 983 and closing below this levels for 2 consecutive days would confirm trend reversal
fast and furious fall can be seen below 983 levels to levels of 888,,777
time horizon will be 2-3 months,,,,,
Bajaj finance a conditional sell candidateBajaj finance :-
Darvax box consolidation are peak levels,
Rising Wedge pattern,,
Bearish harmonic Shark pattern fomation,
Bearish divergence on RSI indicator,,
50% Time and Price retracement,,
Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for 10-15-20%,, view gets negated above recent high on closing basis,,,
Nifty pvt bank index probable short candidateNifty pvt bank index have formation of bearish harmonic ABCD formation,, and given reversal from the same levels,, bearish wolf wave formation have given breakdown from trend line support,, nearest last support around 12300 levels of 200ema, breaking this would lead to fall of 1000 to 1200 points fall in this index.