Is NIFTY In Bearish Divergence?

Nifty 50 IndexNSE

描述

⋅ Apr 24, 2019 1:13 PM

Looking at the daily chart, NIFTY price seems to be in divergence with the RSI. Does that mean that we can expect NIFTY to fall in a few days time, or does it still have some more steam to record a new ATH.

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⋅ May 18, 2019 4:03 PM

Indeed, NIFTY was in bearish divergence.

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