Ravi_VP

BANKNIFTY: RSI strong divergence

Long
NSE:BANKNIFTY   NIFTY BANK
229 views
5
Yesterday (7-1-2020) opened gap up and gap closed in the end. Today opened gap down but gap closed. Strong divergence in price and RSI . Chances of going up possible. But geopolitical situation is a big concern.

Comments

market will move upward for some time on 09th jan
Reply
Ravi_VP sarav_sood
@sarav_sood, May be. Let’s wait and see. Currently at 21 period ema. For the past two days couldn’t cross the dynamic resistance of 21 day ema. Also I got some doubts on wave counts. Let’s see.
Reply