Nifty 50 Index
Long
Updated

BULLISH RSI DIVERGENCE IN NIFTY

257
Bullish rsi divergence in hrly timeframe
Nifty trading on breakout retest zone
Long wicks on bottom indicates buying
On Bigger TF we can see contraction... Big move expected in days/weeks to come
Trade active
Moving as per plan for now
Note
Sort of W pattern on Daily TF.. If we close near to day high today
Note
Consolidation Week... Expecting momentum next week

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.