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rdkriplani

Adani Transmission - Negative Divergence of RSI

Short
ADANI ENERGY SOLUTION LTD (NSE:ADANIENSOL)  
rdkriplani  
NSE:ADANIENSOL   ADANI ENERGY SOLUTION LTD
Trend Analysis
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trendanalysis
With an RSI negative divergence and weak markets the stock is at a key support level. If it falls below the 50EMA (yellow line) it makes for an interesting short below 2450. Stoploss would be above 2500 for a target of 2150.
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