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Mridu_A
2020년 5월 21일 오전 11시 1분

Pair Trade : Buy Sun Pharma, Sell Cipla 교육

SUNPHARMA/CIPLANSE

설명

Bullish RSI divergence confirmed in the pair ratio.
A similar formation was seen in Jul'19 - leading to a sharp rally in the pair.
From the current ratio of 0.750, the pair can revert towards 0.875

코멘트

Cipla faces important resistance from negative RSI divergence.
Also from falling trendline and Bearish Shark pattern (pointed out by friend Dinesh Nagpal)
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