The primary signal is the RSI versus price low, which indicates a bullish divergence in the RSI. Can be arrested for falling here. But need confirmation.
nifty makes continuously higher tops and on RSI makes continuously lower high , it's means malty negative divergence( bearish ).and to day nifty breaks trendline with high volume.
its is a simple observation on index , Please add this strategy with your another confluence ,for support to confirm (sell or buy) which side will be triggered for Wednesday.
shown a clear image of a negative divergence on RSI & PRICE ..
Darvas box Break-out & Strong RSI Momentum at Weekly time frame
@ rsi, Bank Baroda form PRD( POSITIVE REVERSE DIVERGENCE) AT DALY CHART & PRICE FORM LH HH ...
HSCL Buy level @ 220 to 224 SL 114 target @154. stock have show strong momentum with good fundamental growth...
Schneider Buy entry level @ 192 to 200.Target @256 . Stop loss @180 .
Nifty trade near Deathtrap & seen the clear and simple negative divergence at in chart.
Because of COVID-19, the government will shut down soon, which is the only way to break the COVID-19 chain. The COVID-19 virus chain will be Errest on the tariff and the world will get a big relief. So the Market Immediate will fill the Big Relief, its Immediate Reaction will be a relief rally. This statement is completely my own words, so if anyone relies on...