Bearish Tendency of NIFTY still exists

Previously I mentioned that NIFTY will correct near 18270 area.

A correction happened today and a recovery also seen

But still the Bearish Tendency exists as one can see the RSI Bearish Divergence

The divergence can see from the chart.


Note: For Study purpose
chartanalysisHarmonic PatternsTechnical IndicatorsrsidivergencesupportandresitanceTrend Analysis

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