Banknifty has gone on to make new high but when i checked on weekly chart 25-day ROC with
20-day EMA on it. As can be seen ROC is unable to go above 20-day EMA. If you check in the past such divergence calls for correction in the market.
20-day EMA on it. As can be seen ROC is unable to go above 20-day EMA. If you check in the past such divergence calls for correction in the market.