Subscribe to our LIVE TRADING Strategies at just Rs 999/month.
CLICK HERE TO PAY
Strategies for DAY-TRADING:
-
BREAKOUT STRATEGY
-
OPEN DRIVE BREAKOUT STRATEGY
-
ENGULFING BREAKOUT STRATEGY
-
BULL BREAKOUT STRATEGY
-
RETRACEMENT STRATEGY
-
REVERSAL STRATEGY
-
INSIDE VALUE STRATEGY
-
SHAKEOUT STRATEGY
-
OPEN DRIVE SHAKEOUT STRATEGY
-
COMMODITY BREAKOUT STRATEGY
-
NIFTY / BANKNIFTY STRADDLE
-
NIFTY / BANKNIFTY STRANGLE
-
NIFTY / BANKNIFTY OPTION BUY STRATEGY
-
NIFTY / BANKNIFTY OPTION SELL STRATEGY
High Probability Setups:
RSI Divergence Strategy:
RSI divergence is when the price makes higher highs in an uptrend and the RSI indicator makes lower highs. Or in the other direction: when the price makes lower lows in a downtrend and the RSI indicator makes higher lows. Here’s an example to make it clear:
Here, we can see that the price is in an uptrend. In the beginning of the uptrend, the RSI indicator and the price are very similar; both are going up. At some point, however, the price will still make higher highs, but the RSI indicator is starting to go down and makes lower highs. That’s the divergence we’re looking for. In a downtrend, we see the exact opposite:
In this example, the price is in a downtrend. The price is making lower lows but all of a sudden, the RSI indicator shows us something: instead of making lower lows as well, we can see that the RSI indicator shows us higher lows. That’s RSI divergence.