hanhashan

Is NIFTY In Bearish Divergence?

hanhashan Updated   
NSE:NIFTY   Nifty 50 Index
Looking at the daily chart , NIFTY price seems to be in divergence with the RSI . Does that mean that we can expect NIFTY to fall in a few days time, or does it still have some more steam to record a new ATH.
Trade closed: target reached:
Indeed, NIFTY was in bearish divergence.

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