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datepuru
Feb 25, 2020 6:49 AM

RSI - Overbought Zone versus emerging chart pattern - flag Long

ICICI BANKNSE

Description

RSI has entered into an overbought zone. The emerging chart pattern on the other hand is bullish flag pattern which is a bullish continuation pattern. However, overbought RSI contradicts any upward move as the stocks is overbought. What price target one can therefore consider?
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