INDIAN HOTEL NEGATIVE RSI DIVERGENCE

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The Indian Hotels Company Ltd. Negative RSI divergence on weekly chart


No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves.


Stay Cautious ! Stay Alert !


Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
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Negative Diversion working as price moved from 604 to 592 Next Major support at 587 being 100 day SMA / 20 Week SMA
Chart PatternsTechnical IndicatorsTrend Analysis

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