Pair : Bullish Nestle vs Tata Consumer
The pair ratio has corrected to long term crucial turning point (range).
It is also standing at 61.8% retracement of rally from Jan'18 - Feb'19
RSI is in oversold territory
Going by history, the pair ratio is ripe for reversal from 38.58 now, to potentially 44+
It is also standing at 61.8% retracement of rally from Jan'18 - Feb'19
RSI is in oversold territory
Going by history, the pair ratio is ripe for reversal from 38.58 now, to potentially 44+
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