Divergence
Gbp V/s U.S DollarIt's a perfect chart to understand about negetive and positive divergence. When price go up and rsi go down its call negetive divergence (indicate by blue line in chart) after that price will go down & if price go down and rsi go up its call positive divergence (indicate by red line in chart) after that price will go up.
Essel Pack Bullish Bias Target 260Bullish Bias
RSI Divergence
Looks Positive
Can be Bought at CMP levels
Immediate target 260/265 Previous Gap may act as resistance
Stop loss 220/215
Take Long Position at Current Levels on Bharati AirtelTake Long position on Bharati Airtel at current levels
A Double Bottom pattern has been formed,
there is high chance of reversal from current
levels, as the stock is trading at S2 level on
Fibonacci Pivot and EMA 200,
To further increase posibility of reversal
A weak bullish divergence can also be observed.