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Nifty and Nifty Midcap Divergence turns more blatant

Long
Indice NIFTY 50 (NSE:NIFTY)  
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NSE:NIFTY   Indice NIFTY 50
Economic Cycles Seasonality Triangle
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economiccycle seasonality triangle
As Nifty broke the Dec low of 17774 intraday the inter-market divergence between Nifty and the Nifty Midcap 100 index became more blatant. The divergence is a bullish divergence when one index makes a new low unconfirmed by the other. It remains to see how this will unfold.
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