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SBI Life Double Bottom RSI Divergence
SBI LIFE INSURANCE CO LTD
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SBI Life Double Bottom RSI Divergence
Oleh vt_trader
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Ikuti
18 Mar 2023
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18 Mar 2023
SBI Life has formed double bottom pattern on daily chart. while the RSI is making higher lows which is sign of RSI Bullish Divergence.
Entry:
We can go long after close of strong bullish candle near support zone.
Stoploss:
We can keep stoploss below the support zone.
Target:
We can keep target near the next resistance zone which will be also the neckline of W pattern in future, as marked on chart.
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Chart Patterns
Double Bottom
Harmonic Patterns
niftytrend
rsi_divergence
SBILIFE
sbilifeinsurance
sbin
support
supportandresistancezones
Trend Analysis
wpattern
vt_trader
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