bhagat109

Bullish RSI divergence in 45 min & lower tomeframes

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
The violet line is the RSI plotted on the price chart itself.
Yellow circles are the lows of the RSI .
Blue circles are lows of the price bars.
Once can clearly see that there's an RSI divergence. Price is making lower lows but RSI is making higher lows.
IF price closes above 1670 in a 15 min candle : Go long -----target- 1700
If price breaks below 1650: Go short -------target- 1620
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Also if one can see...after forming a double bottom ..price has given a breakout @10:45 on 30 July