Nifty: Negative RSI divergence in weekly Short

Nifty 50 IndexNSE

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⋅ 13. Nov. 2019 13:56

Nifty has been forming lower lows in RSI since a few months. RSI shows negative divergence in weekly chart implying tendency to further move down. Next 4-6 weeks are crucial to decide if Nifty will resume a clear uptrend

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