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INOX | Range + Divergence Play
INOX has printed consecutive green candles even amid lockdown fears. For this reason buying & targets are at strict levels.
Hidden Divergence : Occurs when price forms higher lows while RSI forms lower lows. Signals a strength in existing trend.
Buy above 338. Targets - 360.
If you found this analysis useful, check out my other charts. Links are given below.
Feedback is always welcome. Thank you
Hidden Divergence : Occurs when price forms higher lows while RSI forms lower lows. Signals a strength in existing trend.
Buy above 338. Targets - 360.
If you found this analysis useful, check out my other charts. Links are given below.
Feedback is always welcome. Thank you
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