Nifty technical update
Nifty technical update
1) nifty chart attached
2) this is 4- hour chart
3) we see prices of nifty at same level (drawn with trendline)
4) whereas RSI is slowly inching up
5) this is called as positive divergence on chart
6) this means we are now in buy the dip market for the day and also for next 2-3 days as well
7) Sector in focus banking - stock on radar - HDFCBANK
all this is for information.
this is not a buy/sell recommendation.
thank you,
technofunda24
#TechnicalViews#WatchOutFor

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