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ribhavjain
Nov 27, 2020 9:24 AM

RSI+ MACD BULLISH DIVERGENCE IN UPL Long

UPL LTDNSE

Description

BULLISH DIVERGENCE IN MACD N RSI
pls correct my analysis if im wrong,am new to this
Comments
hiteshkalra148
That’s a hidden bearish divergence
MrKartik
@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 ?
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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