| View previous topic :: View next topic |
| Author |
Trading Divergences... |
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
Post: #151  Posted: Fri Feb 18, 2011 11:04 am Post subject: |
 |
|
Hi,
it seems to be a bearish divergene in icici bank
probable short is once rsi moves below horizontal line
just a thought to share with you all.
regards
ravee
| Description: |
|
| Filesize: |
11.01 KB |
| Viewed: |
2505 Time(s) |
|
|
|
| Back to top |
|
 |
|
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #152 Posted: Fri Feb 18, 2011 11:37 pm Post subject: |
|
|
As explained earlier Reliance Futures has done a high of 964.8, where as the 38.2 retracement was at 967, it did wonderfully well to reach there...
When you check for Fib Retracement targets, just check how much the stock has retraced on previous occassions... Reliance in this case has consistently done 38.2 on any retracement.
Happy trading guys...
Regards
Ravi
| Ravi_S wrote: | Hi Ravee,
Yes it was a bullish divergence in EOD as pointed out by JJM in his NVK post. Reliance has been consistently doing 38.2% in all the previous retracements. so we can expect a 38.2 this time as well 
Also there are a few resistances in the form of
1. Trendline (It has to break it and I'm sure it would be broken tomm)
2. 13 EMA & 34 EMA
3. The fibonacci levels as indicated
Based on these you can initiate trades if not done already... SL should be below 888 as of now...
Regards
Ravi |
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #153 Posted: Sat Feb 19, 2011 4:44 pm Post subject: |
|
|
Ravi bhai,
congrats for your reliance call
regards
ravee
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #154 Posted: Mon Feb 21, 2011 1:20 pm Post subject: |
|
|
Hi,
Is it a bullish divergence in nifty 15min
thanks and regards
ravee
| Description: |
|
| Filesize: |
8.97 KB |
| Viewed: |
2619 Time(s) |
|
|
|
| Back to top |
|
|
ESNMURTY
White Belt
Joined: 31 Oct 2009
Posts: 380
|
| Post: #155 Posted: Tue Feb 22, 2011 4:02 pm Post subject: |
|
|
| Dear Seniors, Pl confirm if there is a negative divergence in KOTAK BANK 60TF ? and to go about it?
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #156 Posted: Tue Feb 22, 2011 4:53 pm Post subject: |
|
|
| ESNMURTY wrote: | | Dear Seniors, Pl confirm if there is a negative divergence in KOTAK BANK 60TF ? and to go about it? |
Dear ESNMURTY,
The bearish divergence is already discounted. The kotak bank is in lateral range broadly defined by 400- 420 and neatly defined by 405-415.
Thanks and Regards
ravee
P.S.: I am a newbie and still learning.
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #157 Posted: Wed Feb 23, 2011 9:50 am Post subject: |
|
|
Hello Everybody,
Seems this bullish divergence is working in tata motors. also it seems that this candle of 10am will breakout from falling wedge. Going long
thanks and regards
ravee
| Description: |
|
| Filesize: |
10.73 KB |
| Viewed: |
2632 Time(s) |
|
|
|
| Back to top |
|
|
ESNMURTY
White Belt
Joined: 31 Oct 2009
Posts: 380
|
| Post: #158 Posted: Wed Feb 23, 2011 2:58 pm Post subject: |
|
|
| Singh raviji, Is there any negative div in FINANTECH 60tf
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #159 Posted: Wed Feb 23, 2011 3:05 pm Post subject: |
|
|
Hello everybody,
is it bearish divergence in reliance 60 min
thanks and regards
ravee
| Description: |
|
| Filesize: |
10.9 KB |
| Viewed: |
2619 Time(s) |
|
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #160 Posted: Wed Feb 23, 2011 3:08 pm Post subject: |
|
|
| ESNMURTY wrote: | | Singh raviji, Is there any negative div in FINANTECH 60tf |
kindly post the chart. as i could not spot any fresh divergence.
thanks and regards
ravee
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #161 Posted: Thu Feb 24, 2011 12:24 pm Post subject: |
|
|
Hello everybody,
i am planning to go short in reliance 60min with this bearish divergence, only below 980.
thanks and regards
ravee
| Description: |
|
| Filesize: |
10.99 KB |
| Viewed: |
2917 Time(s) |
|
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #162 Posted: Fri Feb 25, 2011 3:01 pm Post subject: |
|
|
Hello Everybody,
Watch out this bullish divergence in nifty 60min. Lower time frames are supporting it.
Thanks and Regards
Ravee
| Description: |
|
| Filesize: |
11.74 KB |
| Viewed: |
522 Time(s) |
|
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #163 Posted: Wed Mar 09, 2011 11:37 pm Post subject: |
|
|
Hello Everybody,
Is it a bearish divergence in aban 60min.
thanks and regards
ravee
p.s.: with anticipated permission of amitkbaid1008; as this bearish divergence was brought into notice by him in sb. all credit to him.
| Description: |
|
| Filesize: |
15 KB |
| Viewed: |
509 Time(s) |
|
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #164 Posted: Wed Mar 16, 2011 10:31 am Post subject: |
|
|
Hello Everybody,
Bearish divergence in ril 15min.
Thanks and regards
Ravee
| Description: |
|
| Filesize: |
15.15 KB |
| Viewed: |
504 Time(s) |
|
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #165 Posted: Tue Mar 22, 2011 12:44 pm Post subject: |
|
|
Hello Everybody,
It is Bullish Divergence in hindalco 60min
Thanks and Regards
Ravee
| Description: |
|
| Filesize: |
16.3 KB |
| Viewed: |
508 Time(s) |
|
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
