DevabratAcharya

Adani's Downfall through RSI

NSE:ADANIENT   ADANI ENTERPRISES
Adani's Downfall through RSI
If you are aware of RSI divergence, you can predict Adani's downfall way before it happens.
If you look at the prices, we can see two different prices with different RSI values.

but we need confirmation for everything.
1. Below the 20-day moving average
2. The news itself.

NOTE : This concept applies only to those who work in the futures and options markets.
1.Sell future
2.Sell Call option
3.Buy Put option

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.