Nikunj_Bangad

Nikunj_Bangad Updated 

From the charts of UPL Limited (on 15 minutes or 1 hour), we can confirm the RSI trend is showing negative divergence with respect to the stock. You can short the stock, when the shorting position is confirmed, when the stock breaks the uptrend line.

Nikunj_Bangad Updated 

From the chart of 1 hour of Axis bank, and by using RSI, we can confirm that the RSI is taking reversal, which implies from RSI Chart that it is a negative divergence. If RSI Cuts the 56-57 levels, we can short axis bank. We can confirm the shorting with the nifty bank charts as similar patterns are watched on 1 hour chart of Nifty bank, negative divergence. So,...

Nikunj_Bangad Updated 

Heidelberg is oscillating between 159 and 155. Heidelberg is trying to break 159, but could not. Once it breaks the 159 resistance, there can be huge upmove. Buy above 160 and target 20 points in few weeks.

Nikunj_Bangad

From the charts of 15 minute-Nifty Bank, we can see that, it may give negative divergence as the RSI is taking reversal. This may be a good shorting opportunity, after the confirmation. But I suggest you, please watch the levels on 15 minute chart, and see how it responds. On 1 hr chart also, RSI may take reversal and if RSI takes reversal before breaking 82...