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Bearish RSI divergence in Nifty, indicating a potential decline!
Indeks Nifty 50
Penjualan
Bearish RSI divergence in Nifty, indicating a potential decline!
Oleh GoodluckCapital
Ikuti
Ikuti
8 Sep
4
8
Cheer
Cheer
1
1
8 Sep
Since October 2023, Nifty has demonstrated a robust upward trend, reaching an impressive peak of 25,333, marked an all-time high.
However, the index has recently faced a setback, pulled back from this peak and currently indicating a downward movement.
A significant bearish RSI divergence is evident on the daily chart, signaling a further potential decline for the index.
On the downside, important support levels are lies between 23,900 and 24,100.
It is crucial to recognize that a break below this support could lead to a significant drop in the index.
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