Kunal_TA

Positive RSI divergence on PB fintech ( Policy Bazaar )

Kunal_TA Updated   
NSE:POLICYBZR   PB FINTECH LTD
In this script we see a nice base formation on the chart marked in green box near bottom of the chart. Along with base formation , we see that the script is forming Higher Highs and Higher lows on the chart and also the breakout of the accumulation zone ( base ) is visible. The volumes on the chart with upmove shows strength. Here we can calculate height of the box and measure the future targets. On basis of the support and resistance stock can go to 750 and 1000 levels . Stop loss can be in range of 550 570 or as per your risk reward and timeframe.
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Hi All,

Hope you are enjoying the gains in this script. And i must say that its just warming up. Levels of 1000 can be seen soon looking at the strength shown by the script.
Stop loss can be trailed to below 800 levels. Hold this till it reaches 1000 levels.
I will give my update on the script once 1000 levels are breached.
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Hi All,

Greetings of the day!
Hope we all are learning and growing with knowledge . Today we see that PBFintech ( Policy Bazaar ) has crossed the 1000 levels and as promised would like to congratulate everyone who have benefitted from this analysis :)

For next we see no major resistance and all time high around 1500 coming. Stop loss can be trailed to this week's low or 850 on weekly closing basis.

I will share my thoughts on this once we see all time high levels ;)

Till then take care and enjoy trading!
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