Nifty - 9th Sep

New 15-month high made!

But the good news ends there. The volumes were lower than yesterday. Inspite of three days' consecutive highs, the 10-day Moving Average has caught up with the 8-day Moving Average.

The 2-day RSI index has stayed at about 99.4% for the past three days.

The 12-day Rate Of Change is lower than the Rate Of Change Moving Average.

Book profits. The Nifty can correct to 4580.

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