daerontrading

Can the death cross happen?

Panjang
NSE:FEDERALBNK   FED BANK
Though it's not very accurate for every stock, whenever there's a death cross on hourly chart, the price has gone down. If that happen, it may show levels around 77. An up move from that level would be a good idea to long. But yesterday's up move has averted it for now. May show upside of 88 and 92. SL 81.50. A sign of concern is that RSI going into over bought state but MACD is going bullish

Risk-o-meter Low

Message me or comment for faster updates.

I am not a financial advisor. I just have 14 years of experience in trading.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.