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| NIFTY MONTHLY CHART |
Nifty is at a critical juncture at almost previous highs. Whereas MACD is showing a clear divergence.
LOOK for sell signal in STS and MACD. A fall can be anticipated.
If prices closes above the previous high bull run might continue. As long as Divergence is there up move will be suspect.
Incidentally it also completes a part of C&H pattern as shown in the previous post below.
Happy Trading !
SHEKHAR
