Nifty Futures Trading

[columbus]

Is this BULLISH divergence????

 

[terminator_123]

In the chart posted, both rsi, price are in uptrend... so not a very clear divergence..
I think divergences are more effective during trend changes.. that is rsi going up from 30 or coming down from 70 while price stagnates or moves the opposite direction...
after all rsi is nothing but the rate of (rate of change) I guess... so it just gives momentum in the trend..

Is this BULLISH divergence????

 

[arnav_rulz]

As per gap closing rule... Will look to go short @ 2779 (Future) or 2784(spot) and keep a stop of 2795(future) and 2803(spot)..

 

[Sunil]

Mission "60" about to be accomplished....

I can smell 2740 from 2800....

Observing 60min chart + March Discount today & tomorrow....
as of now, march discount = 25+


Ret. 2970-2680:
38% = 2790
50% = 2825

 

[metushar]

Is this a negative divergence on yahoo chart....? RSI moking lower highs and Nifty moving up since morning??

Check
http://nsetracker.blogspot.com/

 

[Sunil]

Price making HH, RSI making LH = Regular Bearish Divergence

Price making HL, RSI making LL - Hidden Bullish Divergence...




If RSI goes below its prev. low, while price does not, it's bullish
note the U turns by Price & RSI...

who said, divergence is easy.....!!!

 

[metushar]

True....U turn is there

 

[Sunil]

ripe time for a red 60min bar.... still 15mins to go...
SL/high = fut 2778.80+

 

[Sunil]

ripe time for a red 60min bar.... still 15mins to go...
SL/high = fut 2778.80+

3 blind mice....
3 RED Bars... (60)...

hope u enjoyed it, arnav....

 

[arjit]

Does Religare provide 60 min chart during mgrket hour