IIT-Trader

NIFTY-- RSI Divergence Is Negative??

IIT-Trader Telah dikemas kini   
NSE:NIFTY   Indeks Nifty 50
Nifty index is showing strong bullishness.
Price breaks the All time High again and printed a New High.
An Impulse move is identified but no corrective move detected, so those who wants to go long again,
wait for the price to retrace back.
wait for reversal in NIFTY index. Keep in long side as long as price in a channel.

----------------------------------------------------------------------------------------
What RSI Divergence saying is::
If the stock is making new highs,
but the RSI starts making lower highs, this warns the price uptrend may be weakening.
This is negative divergence.
The trader can then determine if they want to exit the position or set a stop loss in case the price starts to decline.
Komen:
Komen:
price consolidation will observe in this place.

**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.