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BlueChipStocks
May 19, 2020 5:10 PM

NIFTY BEARISH AS LONG AS BELOW 9132 Short

Nifty 50 IndexNSE

Description

NIFTY SPOT 8879
RSI helps catch reversals with it's divergence obviously, but as per my observations.
It also expands the zones, like from overbought to more overbought, oversold to ... (You know it now what I'm talking about ;) )
Yes, I'm bearish as long as NIFTY is below the 9132 level on closing basis.
TGT around 8376 level.

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Trade closed: stop reached

NIFTY bounced & reclaimed 9132.
Trade was closed.
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