NIFTY, RSI showing divergence - is it Trend reversal ❓
🛑 NIFTY forming Higher highs in 4 Hour time frame , whereas RSI indicator showing divergence ,
By forming Lower lows
◽ Possible trend reversal may occur
◽Nifty as to close above 18000 otherwise , market will be weaker
◽Crude oil testing 3Y highs
◽Bond prices were increasing
◽ Inflation is an another concern
◽Now everyone eyes and Everything depends on RBI event , RBI will likely to announce the Repo n Reverse Repo rate tomorrow morning
If you like it do follow for more ,
Have a good day 😊
By forming Lower lows
◽ Possible trend reversal may occur
◽Nifty as to close above 18000 otherwise , market will be weaker
◽Crude oil testing 3Y highs
◽Bond prices were increasing
◽ Inflation is an another concern
◽Now everyone eyes and Everything depends on RBI event , RBI will likely to announce the Repo n Reverse Repo rate tomorrow morning
If you like it do follow for more ,
Have a good day 😊
Related publications
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.
Related publications
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.