Overbought + Negative Divergance { Bearish }

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...

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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...
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