Nifty IT near 50% Fibonacci Retracement
The weekly chart of Nifty IT shows that it has come near the 50% retracement level.
At the same time it shows a positive RSI divergence. This gives rise to chances of a short term upside.
Though confirmation is required as per price action.
At the same time it shows a positive RSI divergence. This gives rise to chances of a short term upside.
Though confirmation is required as per price action.
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