December 6, 2012

Rounding Bottom and Negative Divergence JP ASSOCIAT

  • Weekly chart of JP Associate looks like a rounding bottom pattern.
  • Daily chart and RSI Shows negative divergence. Price yet to confirm weakness.
  • Weekly RSI too at overbought zone here too price looks strong. One can wait for a bearish weekly candle for going short.
  • NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH
-->

No comments:

Post a Comment