LIC HOUSING - Bullish RSI Divergence at Support Zone

It has been observed that the price action trending in a down rally but now indicating a reversal due to Bullish RSI divergence, where RSI forming higher high and price action forming lower lows. Now, it shall further move up to the bigger downward trendline at around 640 levels.

T1- 610
T2-630
SL-572

Kommentera:

Keeps this one for tomorrow's watchlist, may see a big movement in it. Thanks

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Holding tight in downward markets, waiting for markets to turn to rally

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Breaking downward trendline consolidation on the 15 mins, now a good movement expected from here on.

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It turns out to be a big breakout

Thanks

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Crossing 600 levels.

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Target 1 reached successfully today.