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Ravi_VP
Jan 8, 2020 12:24 PM

BANKNIFTY: RSI strong divergence Long

Nifty Bank IndexNSE

Description

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
sarav_sood
market will move upward for some time on 09th jan
Ravi_VP
@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.
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