INDIAN HOTEL NEGATIVE RSI DIVERGENCE
The Indian Hotels Company Ltd. Negative RSI divergence on weekly chart
No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves.
Stay Cautious ! Stay Alert !
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves.
Stay Cautious ! Stay Alert !
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
Trade active
Negative Diversion working as price moved from 604 to 592 Next Major support at 587 being 100 day SMA / 20 Week SMA
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