NIFTY Weekly is in divergence. RSI currently is at important levels of the falling trendlines of lower highs of rsi also nifty facing resistance at 11980 levels.
@mklives, yes ... if technical works and there is a reversal here i expect it to below 11090... but technicals go for a toss if Trump and Modi decide to take the market up.
Parasuram
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@Parasuram, my view market going below 11090 will be negated if Nifty moves above 12115...