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
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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.