SumantraChabri-NCFM-NISM

Nifty for 2nd August

Long
NSE:NIFTY   Nifty 50 Index
We might see some pullback as Nifty touched the lower bollinger band and the lower point of the downtrending parallel channel .
%R taking support at the lowest level.
There is a slight divergences between Nifty and the RSI , as the RSI continously going lower whereas Nifty doesn't (comparison between 19/2/19 and 1/8/19 )
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