ribhavjain

RSI+ MACD BULLISH DIVERGENCE IN UPL

Long
NSE:UPL   UPL LTD
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2
BULLISH DIVERGENCE IN MACD N RSI
pls correct my analysis if im wrong,am new to this

Comments

That’s a hidden bearish divergence
+2 Reply
MrKartik hiteshkalra148
@hiteshkalra148, Yes , it seems so. I think it should bounce back from 400-405 levels. What do you think are it's targets once it bounces back ?
+1 Reply
hiteshkalra148 hiteshkalra148
If it bounces back then it can face resistance at the following levels: T1: 410, T2: 417, T3: 425 and T4: 440. If it crosses 440 then it’d be a trend reversal. But if it breaks 400, it’ll continue the bearish flag pattern
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