Kotak bank spot CMP 1870 Bearish butterfly pattern formation. PRZ zone in range 1870-1940 SLZ above 1970 levels RSI divergence :- price making higher high where as RSI indicator is making lower higher, bearish divergence.. RSI is on verge to break down below 70 levels that is from overbought zone indicates profit booking in counter.. Good short candidate.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.