In the EOD chart below the signal is not yet triggered. Tomorrow as the prices move above the low ema presently at 4810 lvls one can looking at hourly charts also , look for a good entry to buy.
+ve Divergence was seen , in Hour chart with 9 Rsi , 14 Rsi , Fast macd today and the rally followed it .
9 Rsi moved from below 20 mark above it .
Fast Macd is yet to trigger the buy signal , I am keeping an eye on the signal line , it is very close to 0 line ,if you see it is just below it.As signal line crosses the 0 line it is considered bullish.Let us see if it crosses tomorow.
Fast Stochastic is poised as if it is just about to cross the signal line , yet another thing to keep an eye on .
Emas have a bearish allignment . Shorter term emas are lying lower than their higher term emas .
What I understand is if we see upside direction tomorw then it will confirm the MA cross over , also will support the +ve divergence and macd signal line will do zero crossover.
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