Short HDFC Bank
1. Weekly chart-Negative reverse divergence indicated by RSI forming higher highs and the linear chart forming lower lows.
2. Price below moving average (20SMA)
3. RSI below 40
2. Price below moving average (20SMA)
3. RSI below 40
Trade active
Falling as expected
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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.