There is bullish divergence that appears on the Nifty Midcap Index, even while the Index trades near the lows the RSI is making higher lows. This is also the Index which went into correction first (in Jan),in that context the broader market may be indicative of something positive
Its weekly chart I strongly feel little correction will be in Midcap
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
