A divergence is observed between Nifty50 chart and RSI. Do observe how RSI declines from almost 80 points but during the same period Nifty increases.
This is for educational purpose only. The market seems overextended , specifically from last two trading session
Comments are welcome.
This is for educational purpose only. The market seems overextended , specifically from last two trading session
Comments are welcome.
Kommentera:
Was correct. Nift fell almost 350 points.