UdayMoghe

Nifty : Weekly RSI divergence near 70 mark.

Short
NSE:NIFTY   Nifty 50 Index
1
Nifty : Weekly.

RSI -ve divergence (Worst Kind when occur near 70)

Could be hinting 9070 may break .. but as mentioned, no positional sell unless 9070 breaks.

Upside may be limited until lower high breaks (9183) !

Price is capped in very tight range. So focus accordingly as upside getting narrower.
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.