HDFC is falling at a rapid pace for the time being. However, as mentioned on the chart, the RSI at 4H TF is trying to tell a different story.
The volume delivery for the last week is trending at ~65% for both the instruments which infers to increasing interest levels on the buy side
The Twins needs to be on watchlist and wait for a reversal confirmation.
this is just my observation.
Let me know your thoughts in the comments section
The volume delivery for the last week is trending at ~65% for both the instruments which infers to increasing interest levels on the buy side
The Twins needs to be on watchlist and wait for a reversal confirmation.
this is just my observation.
Let me know your thoughts in the comments section