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shubhamwaghmare
Jun 24, 2018 10:34 AM

JUBILANT FOOD BEARISH DIVERGENCE(CAUTION) 

JUBILANT FOODWORKSNSE

Description

IT HAD FORMED AN BEARISH DIVERGENCE. THIS MONTH EXPIRY SHOULD BELOW 1450.
Comments
akc_trading
Divergence works with price, whereas RSI counts Green and Red candle. Your result with improve drastically if you use divergence strategy using Stochastic, which is based on lowest low and highest highs. Experiment with period in stochastic to suit your style of trading.
shubhamwaghmare
@sassy_ankit, thank you for your suggestion,well i publish it for option traders and mentioned that it should not close above 1450 level.So on the basis of divergence one can look for shorting of call option of 1450.
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