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Pharma sector getting ready for bullish run? RSI divergence
Nifty Pharma Index
Pharma sector getting ready for bullish run? RSI divergence
By nileshgr
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May 14, 2018
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May 14, 2018
As seen in the chart, there is RSI divergence - price made a new lower low, but RSI made a higher low.
Additionally price is near 2014 support levels.
Divergence
Technical Indicators
nileshgr
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