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vaderarahul
Jun 5, 2021 12:58 PM

ALPHAGEO ( RSI Divergence on Weekly Time Frame ) 

ALPHAGEO(INDIA)NSE

Description

ALPHAGEO has a very small market cap of 153 Cr .
So please be cautious this stock can give violent moves

Wait for a decisive breakout above 260
Price is respecting resistance of 240
This is the 7th time price is at resistance
Looks resistance is weakening up might give breakout

SL 200
TP 360/450
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels

Also, the insider is buying that also gives confidence.
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