Few observations... 1) Daily RSI of banknifty 52.2 currently | Dr.Dumasia(Bavaji)the stock market bioscope

Few observations...

1) Daily RSI of banknifty 52.2 currently and weekly RSI 52...

Need to check at closing...

Daily RSI closing above weekly RSI will be first signal to confirm that downside is arrested in banknifty..

Putting here...so you all can keep watch at closing..

2) Daily RSI of nifty at 45.3 and weekly RSI 47.2...

Both RSI were below 45...

Today's closing above 45 means downside limited in nifty also...

So need to check at closing today as today is weekly closing also...