classic bearish divergence spotted

Nifty 50 IndexNSE

Description

⋅ Jul 15, 2023 3:19 AM

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