INDHOTEL -SHORT
price facing resistance at previous pivot level
forming an Head and Shoulder pattern
price exactly at 18 day EMA --has to be broken for a free fall
MACD daily - below signal line
weekly 3-6 MACD negative cross over
considering the MACDS RSI - chances of fall is very high
RR is not attarctive though
forming an Head and Shoulder pattern
price exactly at 18 day EMA --has to be broken for a free fall
MACD daily - below signal line
weekly 3-6 MACD negative cross over
considering the MACDS RSI - chances of fall is very high
RR is not attarctive though
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