Happy_Candles_Investment

Divergence on RSI will try to drive Nifty upwards

Long
NSE:NIFTY   Nifty 50 Index
There is a divergence formed in RSI in the last one hour during todays fall. Indicating that we may see positivity today. Nifty may end in Green territory if there is no further bad news from US. 17258 and 17355 will be important resistances. Followed by 17488 which is the 50 EMA. Supports are at 17113, 16952 and 16745. The last 2 only if there is some further major bad news. Otherwise 17113 and 17017 are pretty solid supports.

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