Nifty has formed multiple divergences on 30 min and 60 min time frame. This shows clear weakness in index. Though more analysis of the chart patterns can be done, the analysis is still same. NIFTY is sell on rise mode now.
Note
Keep booking partial profit. Overall trend is till not negative.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.