Hidden RSI Divergence in AMARAJABAT for Target of 877+ for NSE:AMARAJABAT by TradZoo

supportandresistance chartpattern indicator hiddendivergence rsidivergence uptrend amarajabattery swingtrading

We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy AMARAJABAT for an immediate target of 852 and next to 877+.

Possible Trade:
Buy AMARAJABAT above 835
Stop loss - 825
Target 852 877+

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