RSI Divergence: Apollo Tyres

In APOLLOTYRE the stock was making Higher highs whereas RSI was making lower highs creating the divergence. The stock yesterday closed below the trendline and so did the Rsi. The target for the same will be the immediate support that is also the channel line of the stock.

* It is my analysis and not a buy or sell recommendation.
Technical Indicatorsrsi-bearish-divergencersibearishdivergencersi_divergencersidivergenceSupport and ResistancesupportandresistancezonesTrend LinesTrend Line Break

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