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theapextrader7
Nov 15, 2020 5:23 PM

TATASTEEL - bearish RSI divergence Short

TATA STEEL LTDNSE

Description

bearish RSI divergence spotted. Stock is hitting near important resistance level
Comments
LearningJoe
525.
theapextrader7
@LearningJoe, clear breakout from resistance line:D
LearningJoe
@theapextrader7, Humble suggestion Any TA & B/S view in a public forum like this must include alternative scenario(s) which are likely/probable to help us understand it. The analyst simply saying something like " Trade at your own risk" is not of much use. It is like a statutory warning ! Sorry if written more than required.
theapextrader7
@LearningJoe, I persumed breaking the line marked as "resistance" seems to be evident for a long trade. Thanks for the suggestion and will surely take note of the same in future.
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