Nifty’s been grinding higher on the 30-minute chart, printing fresh highs—but RSI isn’t buying it.
🟢 Price: Higher highs
🟣 Oscillator: Lower highs
That’s a classic bearish divergence—a potential red flag for an upcoming correction.
Momentum is fading even as price climbs. This usually hints that the trend’s running on fumes. A short-term pullback or pause in the rally could be just around the corner.
💡 Traders: Watch for confirmation, consider tightening stops, and don’t get caught chasing highs blindly.
🟢 Price: Higher highs
🟣 Oscillator: Lower highs
That’s a classic bearish divergence—a potential red flag for an upcoming correction.
Momentum is fading even as price climbs. This usually hints that the trend’s running on fumes. A short-term pullback or pause in the rally could be just around the corner.
💡 Traders: Watch for confirmation, consider tightening stops, and don’t get caught chasing highs blindly.
註釋
As of 12:15 the next day, Nifty is down 500 points!
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