NIFTYis within a rising wedge in its long term monthly log chart
looks like the squeeze within the wedge is on..
breakdown below the wedge will be an end for this move and will be followed by a deep correction..
Also there is clear monthly RSI triple divergence ..
looks like the squeeze within the wedge is on..
breakdown below the wedge will be an end for this move and will be followed by a deep correction..
Also there is clear monthly RSI triple divergence ..