Whenever wee saw RSI divergence on monthly charts,it was followed by a massive sell off!!
And the markets corrected around 25% everytime from highs in the span of 11-12 months except 2008 crisis..
Its not a prediction,Its a possibility. ..
May be we will see a correction till 8900/9000 in next one year..
And the markets corrected around 25% everytime from highs in the span of 11-12 months except 2008 crisis..
Its not a prediction,Its a possibility. ..
May be we will see a correction till 8900/9000 in next one year..