Currently Nifty 50 is in uptrend forming higher high and lower low and in RSI its consolidating which shows divergence.
Divergence is normally a situation which shows that trend reversal is near.
Its only for educational purpose and please consult your advisor before taking position.
Divergence is normally a situation which shows that trend reversal is near.
Its only for educational purpose and please consult your advisor before taking position.
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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.
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.