ronilshah

POSITIVE DIVERGENCE IN RSI

NSE:TVSMOTOR   TVS MOTOR CO
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IN THIS CHART WE CAN SEE POSITIVE DIVERGENCE IN RSI
POSITIVE DIVERGENCE MEANS WHEN PRICE IS MAKING LOWER LOW AND INDICATOR LIKE RSI , MACD , STOCHASTIC ETC MAKE NEW HIGHER HIGH IS CALLED POSITIVE DIVERGENCE
Trade closed: target reached: actually I haven't given any target but I am closing the trade as it has reached up to 617 approx.

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