Hey can u pls help me with what u have drawn in rsi corresponding to chart? red line..i know its positive divergence but pls help me with concept?
pratik2358
⋅
@riddhiraj1820, it simply means price is falling but stock gaining strength at lower reas , a positive for a stock , at such condition atleast one must look to exit shorts
riddhiraj1820
⋅
@pratik2358, ok so it is only giving exit signal or also the strong buying?? Coz i am only trading in cash not fno!
pratik2358
⋅
@riddhiraj1820, depend on how aggressive or defensive a trader is