TradZoo

Bullish RSI Divergence in Downtrend Channel

Long
NSE:TVSMOTOR   TVS MOTOR CO
In 1 Day time frame. TVSMOTOR showing bullish RSI divergence. Since last few months this stock trading in downtrend channel. Expected this divergence gives short term upside movement in stock upto upside resistance level. After reaching at resistance level if this gives breakout then expected 665+ target in TVSMOTOR.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.