Caution : Negative Divergance on daily charts of Nifty 50...

Nifty is showing three strong signals for correction

Signal 1 : A Negative Divergance is seen on the daily charts of Nifty 50 which is showing weakness...

Signal 2 : On weekly charts a Shooting star pattern is forming...

Signal 3 : RSI at weekly charts is highly at overbought zones...

Now for next few days small cap may run and many people will turn bullish & will enter at higher price and may face losses...

Be cautious... Do your on study before making any positions...


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Now correction starts...

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It took Support over 20 Days EMA .... thats it... correction phase over

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stay cautious

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