vikasbhekare

TIME Technoplast looks bullish

Long
NSE:TIMETECHNO   TIME TECHNOPLAST
TIMETECHNO on a daily time frame. It has been on an uptrend for a long time. Recently it got corrected and continued uptrend.
Monthly & Weekly RSI is above 60 and daily RSI taking support near 50.
One can quickly notice "Positive Reverse Divergence." The price is making higher highs, and RSI is declining.
It would be a swing or short-term trade with a minimal stop loss with RRR 1:3
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