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mklives

BANK NIFTY..short term divergence?

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Nifty Bank Index (NSE:BANKNIFTY)  
mklives Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Harmonic Patterns Technical Indicators
3
0
trendanalysis harmonicpatterns indicator
BANK NIFTY RSI has taken support on the trendline the last 2 times
showing positive divergence.
if the divergence holds for the 3rd higher high of RSI, a possible rebound can happen
Comment:
1800 points move
Comment:
3500 point move// book profits and exit.. save your profits..
Trade closed manually
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