Bullish RSI divergence confirmed in the pair ratio. A similar formation was seen in Jul'19 - leading to a sharp rally in the pair. From the current ratio of 0.750, the pair can revert towards 0.875
Komentar
⋅
Cipla faces important resistance from negative RSI divergence. Also from falling trendline and Bearish Shark pattern (pointed out by friend Dinesh Nagpal)