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Nifty Bullish Divergence: Anand Rathi Expert on Price-RSI Signal
Univest 3 hrs ago·12 Oct 2026, 5:44 am
A bullish divergence is a technical signal where a stock's price makes a lower low, but its Relative Strength Index (RSI) makes a higher low. This suggests that while the market price is falling, selling pressure is weakening, which can be a sign of a potential trend reversal.
For investors, this divergence is significant because it indicates that the downward momentum is losing steam. It implies that the market may be nearing a bottom and could be setting up for an upward move. This pattern is often watched closely by traders as a signal that a downtrend might be ending.
Investors should watch for the price to break above a recent resistance level. A confirmed breakout following this signal would strengthen the case for a recovery. However, it is important to remember that technical indicators are not guarantees and should be used alongside other analysis.
Excerpt from Univest
Nifty bullish divergence: Anand Rathi sees index trying to build a durable base; price-RSI shows potential bullish divergence. Nifty 22,520.45. Support 22,200-21,900; resistance 22,800-23,200. Needs confirmation. Updated: 12 Oct 2026 • 11:14 am Nifty bullish divergence means the index price made lower lows while the…Read the original at Univest
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
