Nifty - 10th Sep

Another new 15-month high made with slightly higher volumes.

The 10-day Moving Average is still coinciding with the 8-day Moving Average.

The 2-day RSI index has stayed above 99% for the fourth day in a row.

The 3, 10-day MACD figure has dropped from 80 to 76.

The 12-day Rate Of Change continues to lie lower than the Rate Of Change Moving Average. It's gone down to 3.4% now.

Stay cautious and watch out for the sharp correction.

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