Analysis: RSI Divergence+ Volume+ Fib+ EMA+ Trendline Support
The price corrected by 30% and at crucial support of Rs.365.
It will be a good long trade if downtrend reversed from crucial level, as mentioned level duly support by technical parameter (refer chart).
Key Points : RSI divergence, Volume decreasing during sell off, Support & Resistance, Fibonacci and Moverging Average.
Entry Rs 360 , Stop Loss Rs 330 and Target Rs. 480 , Rs 544
Thanks
It will be a good long trade if downtrend reversed from crucial level, as mentioned level duly support by technical parameter (refer chart).
Key Points : RSI divergence, Volume decreasing during sell off, Support & Resistance, Fibonacci and Moverging Average.
Entry Rs 360 , Stop Loss Rs 330 and Target Rs. 480 , Rs 544
Thanks
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