CANFIN homes is trendling up on a upward trendline.
but is at strong weekly resistance
it has weekly 100 MA and weekly trendline as strong resistances.
any break below the rising trendline can have a serious correction..
Bajaj Finserv..rising in a channel in between two trendlines..
forming a similar 1 2 3 pattern in the process of negative divergence.
one of the strongest stocks in the market.. at a trendline support,, showing signs of slowing down..
As posted before about divergence and RSI clues..nifty tanked today after budget with RSI making lower high..
todays high is crucial.. mondays candle will confirm whether todays resistance is a short term top...