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

January 7, 2025

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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