RSI Divergence

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On daily found positive RSI divergence on JD charts, one can buy for target of 375, 390 & 400. SL 347.
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Uwaga
T1 done
Uwaga
It could touch 399 today. That's our final targets. 385 Now still it can suppress 400 Big Move today
Uwaga
JD announced buyback shares worth 84 Cr with price of 700. Present price is 388.
Uwaga
In case it has taken positively by investors. Then JD can revisit 430 in near term.
Uwaga
Those who hold long can keep your position with SL of 375
Uwaga
New position is not possible now as this script is under ban.,😎
Uwaga
It is evident that before news we could get divergence on charts. So never ignore charts.
Uwaga
T2 Done
Uwaga
It seems investors are made foolish, by announcing lucrative buy back price. Exist at cost. I believe you would have existed at 375 as per our stoploss strategy.
Uwaga
But it could hit twice the indicated targets.
Technical Indicators

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