In my opinion, 10500 Range is possible. Please do not short based on this chart. Divergence are indicating incoming divergence. So, I will wait for clear divergence formation and then take a long position accordingly.
Clear Divergence shown by RSIDIV-I,II & III with price taking support at 50MA. We can expect price to move up to 164 level with stoploss of 156. Present price 158.8
GODREJCP took support at 50MA with divergence of RSIDIV-I. Bullish view with support around 1090. CMP 1123 SL 1090 Target 1150
Bata took support at 200EMA and 50 MA with divergence on RSI-DIV-I. CMP- 1768 SL- 1710 TARGET- 1810
AAPL, due for an upmove with divergence on RSIDIV-II & III. CMP-149.88 SL-148 Target- 153-154
Glenmark is hovering near previous support level and RSIDIV-I showing clear divergence. CMP- 523 SL-517 Target- 535
DLF is taking support alongwith mild divergences shown by all the three RSIDIV. Long position can be taken. CMP; 335 SL: 329 Target: 345. Also we can take PE bull spread by selling PE 335 at 11.2 and buying 320 PE for approx : Rs 5 Max profit 15 K and profitable above 330. Max loss 30K. Though risk reward ratio looks odd, we will benefit even if DLF doesn't...
This is a high risk trade and SL will be tight. Hind Petro has made double bottom on 200EMA with divergence on bottom indicators. CMP: 270 Target 275 SL 265 Alternatively we can take put bullish spread. Sell265PE at 5 Buy 257 PE at 2,5 Max profit around 6k max loss 14k Profit if above 262
Seems Shib is breaking out. Have to wait for daily candle closing. If it closes above the triangle range, very soon 1200 level may come up.
Bharti shouldn't break 524 level and will find an turning point soon. Also, there it's sitting on the 200 EMA. Wait for confirmation. There is divergence also.
Intraday target is 2600. Note: this only for education purpose
Be careful: Do not follow me blindly; this setup is for educational purpose only. Long if first hourly candle closes above buy point. Result day!! So, sudden reversal is possible. Risk reward is good, but on a very volatile day. Targets and stops are mentioned. Setup has good divergence also.
As per my chart BN is going to 19088. It might make a new low, in the near future too. Disclaimer: Personal Opinion only
Seems WTICO is forming support here! Though we will have to wait for breakout.
15 Mins chart shows near term bullish breakout.
Seems Crude due for upmove. Long on green Zone!