BearishRSI Divergence spotted on the Daily time frame. The price has been consolidating for the past one week while showing losing momentum with the falling RSI .
Entry Point has been marked along with Strict Stop Loss and Target based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame.
P.S: Enter only if the stock breaks the Trend Line on 8th March 2020.
Let me know your thoughts on this.
Trend Line Broken on 8th March. Can initiate a Short Position at this level and add more during a slight pullback.