ascending triangle and hidden positive divergence in auto index Long

Nifty Auto IndexNSE

Description

⋅ Oct 2, 2021 8:56 PM

Nifty auto weekly chart
observation
1. chart is forming continuation pattern , called ascending triangle.
2. hidden positive divergence in price and RSI.
3. MACD is near to crossover.

waiting for breakout in auto index for long short term entry.

Comment

⋅ Oct 7, 2021 8:07 PM

TODAY BREAKOUT CAME

Trend Analysis Divergence