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abhijitgujarathi15

Nifty Bullish Divergence,go long with 10950 as immediate support

Long
Nifty 50 Index (NSE:NIFTY)  
abhijitgujarathi15 Updated   
NSE:NIFTY   Nifty 50 Index
Technical Indicators Chart Patterns NIFTY niftyanalysis
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indicator chartpattern nifty niftyanalysis
A clear Bullish divergence can be seen on RSI in Nifty Index here today. The RSI is HIGH whereas the CMP or Close on Nifty is much lower from where the red arrow starts. The RSI has crossed the RED broken line. Can long Nifty with immediate support of 10950 ish zone where the monthly and weekly pivot are there.

Watch the red arrow on the price chart and the red broken line on the RSI.
Trade closed: target reached:
The magic of bullish divergence guys!!!
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