On daily found positive RSI divergence on JD charts, one can buy for target of 375, 390 & 400. SL 347.
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T1 done
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It could touch 399 today. That's our final targets. 385 Now still it can suppress 400 Big Move today
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JD announced buyback shares worth 84 Cr with price of 700. Present price is 388.
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In case it has taken positively by investors. Then JD can revisit 430 in near term.
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Those who hold long can keep your position with SL of 375
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New position is not possible now as this script is under ban.,😎
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It is evident that before news we could get divergence on charts. So never ignore charts.
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T2 Done
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It seems investors are made foolish, by announcing lucrative buy back price. Exist at cost. I believe you would have existed at 375 as per our stoploss strategy.
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But it could hit twice the indicated targets.