Bears weakness to be seen in BANKNIFTY!!!
Though the price has made a lower low in BANKNIFTY Future, but the RSI has made higher low; which shows a Bullish Divergence on the Daily Time Frame. And according to my experience, it is rarely seen that Bullish Divergence fails in a bear market.
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.