[India] Mystery Chart 08-06-2019
August 6, 2019
To us, this looks like a potential bottoming/mean-reversion candidate if prices can accelerate off of support. Momentum is diverging positively and our risk is extremely well-defined, so we'd rather be erring on the long side than the short side.
Click on chart to enlarge view.
Buying with a tight stop is how we'd play it.
What do you think?
Tweet us @allstarchartsIN or email bruni@allstarcharts.com and check back in Thursday to find out why this chart is relevant.
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