Bharti Airtel Daily chart shows hidden Bearish RSI divergence

2020年11月13日

Stock has bounce 25% from the bottom and have now formed bearish divergence at this level of 475.

Stoch RSi is in Overbought territory since 27th oct. I believe some correction is required towards 450 for another attempt towards 500.

Invalid if daily closes above 485.

2020年11月18日

交易進行

Though Stock went up towards 495 but Daily never closed above 485 so trade still active. Sell 480 with a stop of 495 now... for the target of 464 and 450.

Selling may accelerate in next few days and our targets must reach.

2020年12月1日

交易結束：目標達成

Made low of 458 and only 1st target of 464 was reached.
Trade closed.