Kotak bank showed Bullish RSI Divergence on hourly chart and the price bounced as expected...
Now There is a Bearish Divergence on the hourly chart again which indicates The price was not able to move up as fast as it had too.
One can try and go long at 1310 with a stop loss of recent local lows of 1300.
If price closes below 1300, IT can go towards 1270. On the up side 1340 and 1360 are the targets for long.
One should look to go long around 1270 which if happens may have bigger RSI divergence and this time bounce will be big.
Trade Safe !!!
Now There is a Bearish Divergence on the hourly chart again which indicates The price was not able to move up as fast as it had too.
One can try and go long at 1310 with a stop loss of recent local lows of 1300.
If price closes below 1300, IT can go towards 1270. On the up side 1340 and 1360 are the targets for long.
One should look to go long around 1270 which if happens may have bigger RSI divergence and this time bounce will be big.
Trade Safe !!!
交易結束：目標達成
Target of 1270 achieved... If you went long at those levels, its time to book partial profit at 1313. Remaining postition can hold for 1340 with a strict stop loss.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。