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Long

Breakout retest and Bullish RSI Divergence

By anuragmundra
Updated
Indiabulls Housing Finance is showing a Breakout retest after showing a Bullish RSI Divergence on the Daily timeframe. Hilega-Milega is positive and RS 55 is bullish as well. Stock is near the high of the previous day after range contraction for 2 days continuously.
Note
CMP 150.10
Note
CMP 157.5
Trade closed: stop reached
Trailing SL hit at 154
breakout_retestrangecontractionrsi_divergenceSupport and Resistance
anuragmundra
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