Nifty Hourly Chart shows that formation of negative divergence pattern as prices are making
higher but the MACD and RSI are in progress of making lower values which result in negative
momentum divergence.. i.e market is moving up in lack of interest. Possibly Profit booking is very near. Its interesting to watch this pattern developing before high the profit booking kicks in
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Weekly RSI-2(96.5)- heavily oversold. what about overbaught,what effect taken by marketthanks
can you please send chart, pattern taken by DLF, or send link to see updated pattern about DLF