NIFTY 50: Second Bullish RSI Divergence | Early Reversal Signal?Nifty 50 IndexNSE:NIFTYSukhaGurdaspuriaOn the daily chart of NIFTY 50, price is consistently forming lower lows, confirming a strong downtrend. However, the RSI is forming higher lows, indicating a bullish divergence. Importantly, this is the second consecutive bullish divergence, which increases the probability of a potential reversal or at least a short-term pullback. This suggests that although price is falling, the momentum of selling is weakening, and smart money may be accumulating at lower levels. 📈 Trade Setup: Bullish Case: Entry → Break of recent swing high Confirmation → Strong bullish candle / volume spike Target → Previous support turned resistance / pivot levels Stop Loss → Below recent low Bearish Case: If price continues downward and RSI breaks lower → trend continues Next targets → Lower support levels ⚠️ Note: Divergence is an early signal, not a confirmation. Always wait for price action confirmation before entering.