NIFTY If you could see on an hourly chart, there is a clear divergence from price action perspective. Price making higher high, RSi making lower high. Something inline is fishy.
NIFTY failed bullish moves are the most bearish ones. expecting gap down on open tomorrow. by seasonality, we could get another bounce, dont get fooled by it. nifty has lot more to go down .. i got a parallel channel for this downtrend , watch it
NIFTY Tomorrow we’ll see if the weight shifts towards calls or not. [For now, I still don’t see puts in the overbought zone]. tradingview.com/x/EfwvnRKF