TrendonomicsHD

INTERMARKET DIVERGENCE NIFTY & NIFTY METAL

Long
NSE:CNXMETAL   Nifty Metal Index
While NIFTY has made new low as compared to Dec 22.
CNXMETAL Index has not broken the Dec 22 lows.
This Inter Market Divergence again signalling strength in Broad Market stocks.
Historically it leads to Bullish trend reversal.

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