Weekly Chart
The upmove continued in a lacklustre way with the previous top of 1292 proving stiff resistance.Negative divergence seen on the stochastics in the overbought region.This could lead to a pullback.
Daily Chart
A lower high lower low candle.Negative divergence seen on daily stochastics too.Cautious on longs.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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