Possibility of one more low in Nifty
Updated
Nifty seems to be correcting upward and might make one more low giving RSI divergence. A similar move can be expected in BankNifty as shown in the link below.
Comment
Comment
Till Nifty is moving up in a channel, the possibility of a downmove remains. One can short from a fib level or below the lower trendline.Trade closed: target reached
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