saksham322

Nifty simple analysis longer time frame

Long
NSE:NIFTY   Nifty 50 Index
I notice a hidden divergence in RSI and price. The RSI does make a lower low as the price does but it clearly makes a higher high while price does not. This is a bullish hidden divergence meaning the uptrend still had some strengh left. The current downtrend was merely profit booking.
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