Bank Nifty India : A Dive into the Base


 

Another Indian major the Bank Nifty, in 3 Months and Monthly chart showing a Rising Wedge with negative divergence with respect to RSI. Near major support lies around the zone 54500-53900, If this support breaks down then next level to hold 49800-48600, which could come till end of September or starting to mid of October, 2025

The RSI divergence existing here date back to 2008-09.

Caution, a high caution alert. 

Comments

  1. Is matured accuracy coming out or NOT ? Let me know friends. Love to all.

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