NeeteshJain

TATA ELXSI - BULLISH RSI DIVERGENCE

Long
NeeteshJain Updated   
BSE:TATAELXSI   TATA ELXSI LTD.
It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming higher lows where as RSI oscillator forming lower lows, indicating a trend change and bullish move ahead.

Target 1: 1550

Target 2: 1600

Stoploss: 1450
Trade active
Comment:
Going good so far, keep rolling. Regards
Trade active
Trade closed: target reached:
Target 1 reached successfully. Regards
Trade active
Trade closed: target reached:
Target 2 reached successfully. Regards
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