Nifty in over bought zone and divergence is seen.
Updated
it is to be seen how market reacts to the economic package to be declared by govt..
one need to be careful while trading.
slope of the divergence is appreciable.
today's green candle may be due to expiry effect.
one need to be careful while trading.
slope of the divergence is appreciable.
today's green candle may be due to expiry effect.
Note
one point to be noted stock in over bought condition is not supposed to decline immediately it may remain in over bought condition for a while.
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