Powergrid has shown up move based on RSI bullish divergence. What this means is, the price was at the same level but the RSI was making higher lows. This is a long setup. Moreover, the price has broken descending triangle.
Note: I am not a registered SEBI member. Hence, please do not consider this as an investment advice. This is just for educational purposes.
Note: I am not a registered SEBI member. Hence, please do not consider this as an investment advice. This is just for educational purposes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.