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Long
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Breakout retest and Bullish RSI Divergence

427
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
anuragmundra
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breakout_retestrangecontractionrsi_divergenceSupport and Resistance

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breakout_retestrangecontractionrsi_divergenceSupport and Resistance
anuragmundra
Also on:

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.