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QuackStocks

classic bearish divergence spotted

Nifty 50 Index (NSE:NIFTY)  
QuackStocks  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
1. a bearish divergence between RSI and price is spotted
2. it formed in latest breakout of range, suggesting probability of a fakeout or sideways movement
3. uptrend is still intact with HH-HL formation

Trade:- write OTM CE

view negates if a solid green candle counters PDH
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