Nifty Showing Bearish Divergence — Potential Reversal Ahead!

Nifty 50 (INDEX:NIFTY) is flashing a bearish divergence signal on the daily chart — a classic early warning of potential trend exhaustion.

📉 What’s Happening:

Price has made a higher high, reflecting continued bullish momentum on the surface.

However, the RSI (Relative Strength Index) has formed a lower high, showing weakening internal strength and momentum loss.

This bearish divergence between price and RSI often precedes a short-term reversal or correction phase.

🧩 Interpretation:
This setup suggests that even though price continues climbing, buying momentum is fading. Bulls may be losing strength, and bears could soon take control — especially if price fails to sustain above key resistance zones or shows a bearish confirmation candle in the coming sessions.

🎯 Target: 24,800
⛔ Stop Loss: 25,220