In today's trading session JSWSTEEL gives breakout of its previous resistance. Also, RSI indicating bullish divergence in stock. According to Fibonacci retracement level minimum target expected in JSWSTEEL is 474+ in the upcoming trading session.
their is a double top with rsi divergence, also their is a supply zone there so it looks bearish
stierfinancials
⋅
i thin it is bearish divergence
stierfinancials
⋅
@stierfinancials, when rsi line and price line is compressing it is bullish divergence. but over here the lines are expanding hence it is bearish divergence
sanketlomate2710
⋅
@stierfinancials brother it's a hidden bullish divergence not a classic divergence