Tech View: Nifty forms Inside Bar Candle, can correct below 23,600. How to trade on Wednesday

  • Posted on January 7, 2025
  • By Business News Today
  • 3 Views
Tech View: Nifty forms Inside Bar Candle, can correct below 23,600. How to trade on Wednesday

Technical indicators sent mixed signals on Tuesday, with the RSI at 43 indicating bearish momentum, while a bullish crossover in the Stochastic RSI hinted at a potential short-term recovery. This divergence highlights the need for caution as the market remains directionally uncertain, said Mandar Bhojane of Choice Broking.
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