Dear friends
I have attached two charts, Which shows negative divergence on MFI indicater with NIFTY on Daily chart. Is there any indication of reversal in trend? Seniors guide me please.
1st chart - 14 Day MFI - Clear indication of previous trend reversals
2nd chart- 22 Day MFI - Indication of current trend reversal?
Regards
Smridhi
I have attached two charts, Which shows negative divergence on MFI indicater with NIFTY on Daily chart. Is there any indication of reversal in trend? Seniors guide me please.
1st chart - 14 Day MFI - Clear indication of previous trend reversals
2nd chart- 22 Day MFI - Indication of current trend reversal?
Regards
Smridhi