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LICI - RSI Divergence
LIFE INSURA CORP OF INDIA
Long
LICI - RSI Divergence
By sandmehta2014
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Updated
Nov 19, 2022
3
Aug 12, 2022
ENTRY: 696
TARGET 1: 720
TARGET 2: 750
SL: 670
RSI Divergence, But buy only if it hits ENTRY with high volume. Insure RSI is above 55 before buying.
Positives:
- RSI Divergence
- Weak Seller
- @ 696 It would break the R1 resistance of the pivot point.
Negatives:
- Still in a downtrend.
- No higher highs
Nov 19, 2022
Trade closed: stop reached
Chart Patterns
Trend Analysis
sandmehta2014
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