Devyani intl= H & S formation
The stock is forming H & S formation on weekly time frame.
if the channel is broken, the fall could be at least till 136 and then 111.
on daily time frame, both RSI & MACD is showing negative divergence.
I am bearish on this stock.
note: i am not SEBI registered and this is my outlook. this is not an invite to trade. please do your due diligence before investing
if the channel is broken, the fall could be at least till 136 and then 111.
on daily time frame, both RSI & MACD is showing negative divergence.
I am bearish on this stock.
note: i am not SEBI registered and this is my outlook. this is not an invite to trade. please do your due diligence before investing
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.
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.