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May 8, 2017 1:48 PM

Nifty Weekly crucial RSI and MACD Levels Short

Nifty 50 IndexNSE

Description

Look at the RSI and MACD Levels from 2015, 2016 and NOW. Whenever RSI is @ 70 odd levels, there is a potential downside to NIFTY.

In the daily charts, there is a regular bearish divergence that is forming as well.

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