Weekly Chart
Daily Chart
Upward momentum waning as shown by the narrowing daily range.Stochastics has reached overbought levels on weekly charts and showing negative divergence.On daily charts the stochastics and Rsi14 are showing negative divergence from the overbought region.As suggested in an earlier post part profit booking would be prudent.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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