A bullish divergence on RSI favours the upside momentum along with MACD, which is in a positive crossover
Spice Jet, if breaches Rs 110, then may see Rs 90 and Rs 84 in the near future
RSI reflects opportunities of Buy and Sell whenever a stock/index exhibits a decent formation.
MACD crossing above MACD baseline means a positive trend will emerge for the stock/index going ahead.
Few stocks are yet to catch up 200-DMA, however, they are showing positive momentum on technical charts.