Nifty Bank Index

Classical Learning Of RSI - Bank NIFTY

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Bank Nifty

Simple yet very very effective !!

I am sharing a small piece of 15 mins timeframe chart of bank nifty recent trading session.
Only two effective practising tool which is trendline & RSI Divergence.

After creating positive divergence, it broke resistance trendline which lead to a 1000 points powerful breakout. Not each & every time 1000 points breakout will come however as a trader if one is completely observant one can identify enter areas with stoploss.

Regards,
Ankur Singh

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