Negative Divergence - MFI/NIFTY on Daily Chart

#1
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
 
#2
Dear friends

I am eagerly waiting to know your response for the post on Negative divergence on MFI with Nifty.
Are these charts of any sigificance?

Regards
Smridhi