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One important point about Positive divergence is that it indicates extremely oversold conditions
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I have booked half now as it posts new 52 week high which I was expecting and now trailing with SL of 4025
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RSI forms a lower low as you can see in the previous image. However the price did not. Price forms higher low. This is called Positive divergence. A concept developed by Andrew Cardwell, also known as Dr RSI
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MCX was down 7% yesterday, although it recovered a bit. Again today it has bounced. How do you trade such moves?
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If you want to be a part of our Premium Channel, you just have to open account with Angel. For details see pinned Message 👍
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We shared Ratnaveer Precision Engineering as low priced Fundamental bet with Angel Clients around 125 few day back. Today stock hits intraday high of 143✅🚀
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