Get started
Short

Overbought + Negative Divergance { Bearish }

By MrAkshatP
Updated
Gujarat Fluorochem may start fall from this region..

Reason 1: It is showing negative divergance in daily charts which indicates for being cautious..

Reason 2 : In weekly charts it is Highly overbought (RSI 80) which confirms it may go downwards...

Its Targets are :

Target 1 : 770
Target 2 : 760
Target 3 : 750

SL :788

Note: Do your own study before making any positions...

Please Like, Follow and Comment your views below...
Trade active
Trade closed: target reached
Target 1: 770 reached
Trade active
Trade closed: target reached
Target 2 : 760 reached
Trade active
Trade active
Trade closed: target reached
Target 3 : 750 reached
Trade closed manually
All Targets Reached...
negativedivergenceoverboughtshort
MrAkshatP
Best Regards,
Akshat Patwa


twitter.com/MrAkshatP
facebook.com/MrAkshatP/
Also on:

Related publications

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.