ZEEL | RSI Bearish Divergence | Stocks For Your Watch List
Yagnesh Patel 
Stock: ZEEL
Indicator: RSI
Time frame: Daily
ZEEL is showing weakness on daily chart. RSI showing bearish divergence with price making new higher highs but RSI is not making new high. There is also a strong resistance of gap and we see spinning top candle formation near that resistance on recent swing and today’s candle trying to break that spinning top candle’s low.
We would recommend to keep this stock on your watch list and analyse further price action.
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Disclaimer: This blog is created just for learning purpose, which would help you understand how to analyze stocks before taking trades. This is not any buy and sell recommendation, the author of this post is not responsible for any profit or loss incurred. Please consult your financial advisor before making investments.
Categories: : Stocks For Watchlist