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Friday, September 21st, 2018

 

NIFTY – EARLY SIGN OF TOPPING OUT PATTERN SEEN

                NIFTY – EARLY SIGN OF TOPPING OUT PATTERN SEEN – 1-2 YEARS VIEW   NIFTY GAIN FROM 6200 ( IN Feb 2014) to 11750 (Aug2018) a gain close to 90% in 4 years in absolute terms.   We have seen the negative diversion in monthly chart in Aug 2018. Negative diversion means – Price makes new high but RSI (relative strength index – Technical terms to define the strength of the market), makes new low..   This indicates that though the marketRead More


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