Nifty pauses down trend
Time frame Daily
Rsi divergence is seen on daily chart and I have marked the same using arrows. So if nifty breaks the trend line (black line ) then we may see a upside till 14800-15000, 15200
The pattern will get activated only if nifty goes above 14465 and sustains there.
The above idea is my analysis and not a recommendation to buy, sell or hold. I am not responsible for any kind of loses that may happen in a trade taken considering the above idea. For any doubts comment and share this idea with your friends.
Rsi divergence is seen on daily chart and I have marked the same using arrows. So if nifty breaks the trend line (black line ) then we may see a upside till 14800-15000, 15200
The pattern will get activated only if nifty goes above 14465 and sustains there.
The above idea is my analysis and not a recommendation to buy, sell or hold. I am not responsible for any kind of loses that may happen in a trade taken considering the above idea. For any doubts comment and share this idea with your friends.
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