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Nifty 50 Index
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Nifty Inside Bar and Divergence Combo

425
We can clearly see the price struggling to breakout of the Weekly Levels. In the Daily, we can see a Negative Divergence with RSI (orange line) followed by Double Red Inside Bar. If today, the price breaks below the yesterday's range, we can expect quick down move.
Note
Watch out for 12050 in futures
Trade closed: target reached
Quick Trade in Nifty. Worked wonderfully. twitter.com/afzal_57/status/1201754928772857858?s=20
Note
Analysis: youtube.com/watch?v=xj_S3lCChn4
afzal_57
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
Also on:
Inside BarNIFTYOscillatorsSupply and DemandSupport and Resistance

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.
Inside BarNIFTYOscillatorsSupply and DemandSupport and Resistance
afzal_57
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
Also on:

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.