sudam0001

Nifty will fall to 12300 by next 2-3 months.

Short
NSE:NIFTY   Nifty 50 Index
As nifty has formed the RSI Divergence on Daily Time Frame.
so, I am expecting that it will fall to 12300 in the next coming 2 to 3 months then it will start to recover.

Comments

Let us know the basis of your view
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sudam0001 Vikramdalvi
@Vikramdalvi There is clear RSI divergence on 1D time frame and also US 10Year Bond Yield is rising, if it reaches 2.25-2.3 then also we can see nifty to 12500-12300 easily. those two reasons I am looking at.
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Dont expect, market never goes in the direction of expectation.
If you have solid technical reason then lets us know.
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