The stock has been corrected heavily in last few trading sessions. Now the technical analysis throws a very distinctive RSI Divergence. tt can been be seen in one day/ 4 hours/ 2 hours/ 1 hour and 30 minutes chart. Also, the share price has responded to the support line positively.
though the Divergence is seen, it will be complete if there is some upward movement. if the Share price moves up and rsi moves in similar trend, it can be bought for a immediate bull for next few trading sessions.
please dont trade immediately, if it opens in green then only take fresh position as trading on incomplete RSI divergence will be risky.
I am not holding Any Adani group share and will not take position in near future. This is only an expression of my analysis and not a trading advise.
though the Divergence is seen, it will be complete if there is some upward movement. if the Share price moves up and rsi moves in similar trend, it can be bought for a immediate bull for next few trading sessions.
please dont trade immediately, if it opens in green then only take fresh position as trading on incomplete RSI divergence will be risky.
I am not holding Any Adani group share and will not take position in near future. This is only an expression of my analysis and not a trading advise.