Is this bearish RSI divergence on Nifty, predicting a big fall to happen?

Is this bearish RSI divergence on Nifty, predicting a big fall to happen?

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I think it won’t go down,
Tomorrow I expect market to gap up…
Just a prediction,

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It should soon though , looks like wave 5 after a nice flat wave 4

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In my analysis this is not a RSI divergence , it looks , since Nifty price moved quickly , I assume there will not be a big fall , but a “pull back” on Nifty to 11600 level

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In my opinion it’s not a divergence.
Nifty has corrected from high of 11856 to @ 11100. and RSI fell to @ 30. so it can’t be a divergence.

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After considering negative Global events , and an unexpected new finance minister , Nifty not able to close above 12000 level and also hovering at an important trend line , it seems Nifty will fall again , this is my assumption.

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Not a big fall soon coz everyone is thinking to short it
Put long positions are high by small traders.
They will eat premium at every 100 point move.So small move then market will be range bound for the whole day until short positions or option buyers end up exiting position out of frustration.I can be wrong but that’s what my prediction is

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i think there would be a 200 points fall this week itself. not sure whether it would continue. Depends on attitude of traders… FIIs and DIIs positive buying.

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I would start looking for shorts only once 11100 bottom is taken out…catching perfect tops and bottoms is a headache

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