GPIL - Bearish Negative Divergence
One of the stocks i track but never bothered with this entire move because it made no sense to me. Volumes were down..Pellet prices were stagnant..
There is no a negative triple RSI divergence on the daily.
The stock could start to correct from here..
Because its not in F&O it can't be shorted else it'd have made the perfect short below 565 with a stoploss above 600..
If someone owns the stock it might be better if they are cautious below 565.
There is no a negative triple RSI divergence on the daily.
The stock could start to correct from here..
Because its not in F&O it can't be shorted else it'd have made the perfect short below 565 with a stoploss above 600..
If someone owns the stock it might be better if they are cautious below 565.
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