Indeks Nifty 50Pembelian
NIFTY50 Movement for 13th April 2020
Overall Bullish Movement expected,
2 month bearish Channel Break is visible with 9-day exponential moving average cut from below.
RSI and stochastic suggest a bullish movement.
Resistance at 10000 (if bear market, retracement till 8750, 8550 levels)
Due to Hydrocholorquine drug demand by other countries can expect positive movement for pharma stocks.
Purchase of 1% stake at HDFC by China also suggests positive movement for the banks.
That's all from me!
Cheers,
TheBullishPirate.
2 month bearish Channel Break is visible with 9-day exponential moving average cut from below.
RSI and stochastic suggest a bullish movement.
Resistance at 10000 (if bear market, retracement till 8750, 8550 levels)
Due to Hydrocholorquine drug demand by other countries can expect positive movement for pharma stocks.
Purchase of 1% stake at HDFC by China also suggests positive movement for the banks.
That's all from me!
Cheers,
TheBullishPirate.
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