NIFTY 50 Analysis for 9th MAY
Be careful if you are going long in NIFTY
We must ensure that Price moves above 18,300 with a Positive sign in RSI for any long side trade.
i would prefer a short side trade below 18,230 if that is supported by negative divergence in RSI in 5 to 15 mins timeframe.
We must ensure that Price moves above 18,300 with a Positive sign in RSI for any long side trade.
i would prefer a short side trade below 18,230 if that is supported by negative divergence in RSI in 5 to 15 mins timeframe.
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.