RSI Divergence

Jul 17, 2017

On daily found positive RSI divergence on JD charts, one can buy for target of 375, 390 & 400. SL 347.

Jul 18, 2017

Trade active

Jul 19, 2017

Trade active

Jul 20, 2017

Note

T1 done

Jul 20, 2017

Note

It could touch 399 today. That's our final targets. 385 Now still it can suppress 400 Big Move today

Jul 25, 2017

Note

JD announced buyback shares worth 84 Cr with price of 700. Present price is 388.

Jul 25, 2017

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In case it has taken positively by investors. Then JD can revisit 430 in near term.

Jul 25, 2017

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Those who hold long can keep your position with SL of 375

Jul 25, 2017

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New position is not possible now as this script is under ban.,😎

Jul 25, 2017

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It is evident that before news we could get divergence on charts. So never ignore charts.

Jul 25, 2017

Note

T2 Done

Jul 26, 2017

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It seems investors are made foolish, by announcing lucrative buy back price. Exist at cost. I believe you would have existed at 375 as per our stoploss strategy.

Jul 26, 2017

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But it could hit twice the indicated targets.