{"id":301360,"date":"2026-10-12T11:14:00","date_gmt":"2026-10-12T05:44:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301360"},"modified":"2026-10-12T11:14:00","modified_gmt":"2026-10-12T05:44:00","slug":"nifty-bullish-divergence-price-rsi-combination-anand-rathi-jigar-patel-durable-base","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-bullish-divergence-price-rsi-combination-anand-rathi-jigar-patel-durable-base\/","title":{"rendered":"Nifty Bullish Divergence: Anand Rathi’s Jigar Patel Says Price-RSI Combination Signals a Potential Base, What a Bullish Divergence Is, the Triple Divergence Across Indices, Levels at 22,200 and 22,800 and How It Can Fail"},"content":{"rendered":"

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.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Nifty bullish divergence means the index price made lower lows while the relative strength index, a momentum gauge, made higher lows, which suggests selling pressure is fading even as prices stay weak. Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, says the index is trying to establish a durable base and the price-RSI combination indicates a potential bullish divergence, and the firm’s 12 October note describes a triple bullish divergence across the Nifty 50, Nifty 500, Midcap 100 and Midcap 150. The Nifty closed at 22,520.45 on 9 October, up 1.30%, with support at 22,200 to 21,900 and resistance at 22,800 to 23,200, and a divergence is a warning of a possible reversal and not a buy signal. It is confirmed only when the price breaks above a recent swing high with rising momentum, and it fails when the price makes a new low and the RSI follows.<\/p>\n<\/p><\/div>\n

Nifty bullish divergence has appeared after a long fall, since the index ended an eight-week losing streak on Friday and is still about 15% below its September 2024 peak. Technical analysts watch such signals because momentum often turns before price does, but they also fail often in strong downtrends.<\/p>\n

If you trade or invest around index levels, this article covers what a Nifty bullish divergence is, what Anand Rathi’s analysts said, the levels that matter, a confirmation checklist, how the signal can fail, scenarios, the risks and what to watch next.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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