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NIFTY 50 Analysis for 9th MAY

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators niftytrend nifty50analysis nifty50 NIFTY
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trendanalysis chartpattern indicator niftytrend nifty50analysis nifty50 nifty
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.
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