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Powergrid RSI Bearish Divergence at Resistance Zone
POWER GRID CORP. LTD.
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Powergrid RSI Bearish Divergence at Resistance Zone
Oleh vt_trader
Ikuti
Ikuti
20 Jan 2023
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20 Jan 2023
Powergrid is near the resistance zone, the price is making higher high while the RSI is flat this is clear sign of RSI Bearish Divergence.
Entry
We can go short when price make strong bearish candle near the resistance zone.
Stoploss
Stoploss above the resistance zone.
Target
Target will be the next nearest support zone.
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Chart Patterns
Technical Indicators
NIFTY
nifty50
POWERGRID
powergrid_short
rsi_divergence
rsi_overbought
supportandresistancezones
swingtrade
swingtrading
Trend Analysis
vt_trader
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