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praveen.bhatiya
Oct 27, 2016 6:42 AM

Divergence reversal Long Long

UNITED SPIRITSNSE

Description

Indicators are telling that price may try to reverse at this level, specially the RSI divergence when appears in oversold area. I will go long with small stop loss just some ticks below the low made today. IF it works it can give decent return so one can take chance by risking small amount. Good Luck

Trade closed: stop reached

Didn't work so closed with stop loss.
Comments
ArunKumarTM
sir.. can i buy this now.. what should be my target for swing trade..
praveen.bhatiya
You can take chance if you like. Trading is always taking risking and money management. Regarding profit one can expect 2340/2360 today so offering good risk to reward ratio.
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