-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "BSE:SENSEX" Index
- "BSE:SENSEX" 15 min chart
- Indicator used "Solved Signal 1(SS1)"
- Solved Signal 1 generates SELL signal(by default: text:- SS1,color=red,shape=triangledown)
on 15 min chart of "BSE:SENSEX"' .It means "BSE:SENSEX" can go down.
-Solved Signal 1 "BSE:SENSEX" Price data for...
HI THERE
AT THIS MOMENT MARKET IS A GOOD BULLISH TRAND. BUT MARKET NEED TO SOME CORRECTION FOR STRANGHT. AND GRAB SOME LEQUIDITY. MY THINK IS MARKET IS NOW A RESISTENCE AREA AND GOING TO TEST SOME PREVIOUS AREA. AS I MANTION MY AREA IS 52554-52574 IS A MAJOR RESISTENCE AREA
as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the...
this is a clear view on BSE. at this moment we don't see any shorting opportunity. its going up and more my next target area is 50776.if reach this level. then next we see the price action on this particular area. next is next see you later. stay with me
Date: 11/30
Stock: Sensex
R:R 1.5
Position: Short
Time period: 1day
Entry Price: 44175
Exit Target: 42146
Reasons for Shorting: Contradiction on Price and RSI.
- Lower lowes on RSI
MACD crossing Signal
Bears must have been happy to see the rising wedge formation all this while when the V shaped recovery resumed to claim the former top but cooled off at ~39500. The rising wedge formation did validate for a while and shared the target of ~34500 from a 'measured move' perspective. Note the divergence from the RSI while it tends to form a falling wedge which is the...
