Bank Nifty
Observations:
With every high made on the price chart, RSI could not make high wrt price. Rather, it made lower highs. (marked with yellow colored arrows)
And, when price made Higher lows (marked with pink colored arrows), RSI could not take support. Rather, made Lower lows (pink colored arrows).
What's your take on this?
Note:
The above is just for educational purpose.
With every high made on the price chart, RSI could not make high wrt price. Rather, it made lower highs. (marked with yellow colored arrows)
And, when price made Higher lows (marked with pink colored arrows), RSI could not take support. Rather, made Lower lows (pink colored arrows).
What's your take on this?
Note:
The above is just for educational purpose.
Penafian
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