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
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.
