VAIBHAV GLOBAL LTD
Short

Vaibhav Global going into downtrend!

I thought to enter into Vaibhav Global but it looks like this is going into downtrend. Reasons:
1. Rising Wedge Consolidation in progress
2. Negative Divergence supported by MACD
3. Negative Divergence supported by RSI.

I will wait for this correction to get over and then enter at right location.

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.