RSI Divergence

155 0
On daily found positive RSI divergence on JD charts, one can buy for target of 375, 390 & 400. SL 347.
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Comment: T1 done
Comment: It could touch 399 today. That's our final targets. 385 Now still it can suppress 400 Big Move today
Comment: JD announced buyback shares worth 84 Cr with price of 700. Present price is 388.
Comment: In case it has taken positively by investors. Then JD can revisit 430 in near term.
Comment: Those who hold long can keep your position with SL of 375
Comment: New position is not possible now as this script is under ban.,😎
Comment: It is evident that before news we could get divergence on charts. So never ignore charts.
Comment: T2 Done
Comment: 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.
Comment: But it could hit twice the indicated targets.
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