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Nifty Pharma - RSI Negative Divergence - Longs Hedge

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Nifty Pharma Index (NSE:CNXPHARMA)  
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NSE:CNXPHARMA   Nifty Pharma Index
Trend Analysis Chart Patterns Wave Analysis niftypharma niftypharmaprediction rsi_divergence rsioverbought negativedivergence
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trendanalysis chartpattern waveanalysis niftypharma niftypharmaprediction rsi_divergence rsioverbought negativedivergence
CNXPHARMA is displaying negative divergence on a daily timeframe.

Short term/swing traders may start to hedge their long positions, with call short.
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