APOLLO TYRES LTDShort
RSI Divergence: Apollo Tyres
In APOLLOTYRE the stock was making Higher highs whereas RSI was making lower highs creating the divergence. The stock yesterday closed below the trendline and so did the Rsi. The target for the same will be the immediate support that is also the channel line of the stock.
* It is my analysis and not a buy or sell recommendation.
APOLLOTYRE the stock was making Higher highs whereas RSI was making lower highs creating the divergence. The stock yesterday closed below the trendline and so did the Rsi. The target for the same will be the immediate support that is also the channel line of the stock.* It is my analysis and not a buy or sell recommendation.
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