KachraStocks

KachraStocks

Bearish divergence forming on DJIA indicating short term top here!!!

KachraStocks Updated 

This is not to scare anyone ! But I have rarely seen any divergence on Monthly NIFTY50 chart. A monthly divergence indicates bearishness that might last for several months. Good thing is that, divergence has about 30% failures, and bad thing there is about 70% chances of happening this. My initial target would be about 15500 and further direction may be decided...

KachraStocks Updated 

Mcdowell should find bottom here as per the divergence formation. Just bellow lies the 2022 low for the stock. Appears to be good entry point.

KachraStocks Updated 

I won't call this a typical divergence, but a stock making tripple bottom at one level and reversing possibility is very very high.

KachraStocks Updated 

BTC on daily Chart is showing bearish divergence. There is very high chance of a pullback upto 18500 level. Can be traded with Good RR. Levels have been explained !!! However I will only bet for 21K as of now with 1:2.5 RR

KachraStocks

Divergence has been very successful in Indicating a reversal well in advance. Of course, not all the indicated divergences resulted in successful price reversal. But Divergence on larger timeframe means at least be cautious !! Most of the traders who trade divergence combine multiple indicators for confirmation, which is fine. But in my opinion never trade against...

KachraStocks

Please see levels on charts as marked. Seems some more time before a long high jump.

KachraStocks Updated 

Seems gold is due for a great bull run after divergence and consolidation. Chart is self explanatory!!

KachraStocks Updated 

Chart Patterns and directions are marked in the map. We should soon see continuation of downtrend of BANKNIFTY.

KachraStocks

SBI Card can be bought in the zone shown in the chart, once we get a confirmation on closing basis. Stoploss levels are indicated. It may give a good risk reward ratio too.

KachraStocks Updated 

Banknifty should have a short term pull back. On 15 Min chart it's very likely that Monday it will go up. Target 1 - 42250 Target 2- 42600 Please take positions only if price on 15 minutes closes above QHA for confirmation of rally.

KachraStocks

We should see present a positive retracement or you may like to call it minor uptrend. Levels are mentioned in the chart!

KachraStocks Updated 

As per daily chart, levels of support have been indicated. At least on daily chart, tomorrow is not a positional buyer's dayl. But who knows, a quick drop to the levels of 17950-18100 zone give bounce in the second half

KachraStocks Updated 

post divergence, SBI Card should hold the levels and move high. Explained on Chart!!!

KachraStocks Updated 

Levels to watch out have been marked in the chart. Expecting a stronger sell off, if market bounces from here !

KachraStocks Updated 

Levels as mentioned in the chart, its a quick trade. Lets see where it goes

KachraStocks Updated 

Aurobindo Pharma, divergences are evident. Will enter after confirmation by price action !!!

KachraStocks

Voltas is forming divergence, however not as strong as desired. But it gives a good buying opportunity for positional trades here. I will buy 25% of my intended investment for Voltas here and keep buying if new lows and divergences found. But, I wont buy and just hold what I have bought if it moves up from here. There is no stop loss, as I will keep averaging for...