NIFTY 50 Analysis for 9th MAY
Be careful if you are going long in NIFTY
We must ensure that Price moves above 18,300 with a Positive sign in RSI for any long side trade.
i would prefer a short side trade below 18,230 if that is supported by negative divergence in RSI in 5 to 15 mins timeframe.
We must ensure that Price moves above 18,300 with a Positive sign in RSI for any long side trade.
i would prefer a short side trade below 18,230 if that is supported by negative divergence in RSI in 5 to 15 mins timeframe.
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