Negative divergence between Price and RSI
. The stock has touched the top of the trend line
about 6 times but was unable to cross it. Today it tried a break out but was pushed to the lower end of the channel, with above average volumes. Today it also formed a Bearish Engulfing
Target 1035 and SL is at 1115.
This is a personal view and the sharing is only to seek educational views. Please do not in any manner view this as advise, suggestion or recommendation for any sort of trading, whatsoever.
I am not SEBI registered too.