Long

Divergence Trading

Updated

JSW Energy at daily chart shows HL (Higher Low) at price and LL (lower low) at RSI and Stochastic indicator. This shows the hidden divergence. Thus Buy near 340 with SL of 295. Target is 550 by 10 Dec 2021.

Note

Need for confirmation of the trade. Need a green daily candle, so better wait and buy above 350.

rajat2809

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.