Be Cautious!! { Negative RSI Divergance }

Updated
On the daily charts of Piramal Enterprise, Negative RSI Divergance has been formed...
Looking towards price, it is standing on important support...
RSI Negative Divergance is indicating that it may break that support,
If it breaks that support we may see more down side..

Targets will be 2760/2700/2650/2600
SL will be 2800

If it dosent break that then target will be 2920/2970/3150
SL 2820




Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
Trade active
I think It took support on and getting back for making new highs
Trade active
Note
active
Trade active
Trade active
breakdown
Trade active
near to hit first tgt
Trade active
Trade closed manually
negativedivergenceprofitRelative Strength Index (RSI)rsi-bearish-divergenceshort

Also on:

Related publications

Disclaimer