SHREECEM: Bearish RSI Divergence

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Bearish RSI Divergence spotted on the Daily time frame. The price has been consolidating for the past one week while showing losing momentum with the falling RSI .

Entry Point has been marked along with Strict Stop Loss and Target 1 and Target 2 based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame. Book partial profits at Target 1.
P.S: Enter only if the stock breaks the Trend Line on 8th March 2020.

Let me know your thoughts on this.
Cheers!!!
交易結束:達到停損點
Bearish PatternsBeyond Technical Analysisrsi_divergenceTrend Analysis

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