Indeks Nifty 50Penjualan
Nifty: Will there be more gain or more pain?
Nifty
Observations
- Nifty has seen a good swift 1000 point recovery from the recent lows
- currently trading below 200 EMA and near 50 day EMA
- 1st time Nifty broke 200 day EMA, it recovered quickly
- 2nd time it broke, it recovered and halted at 200 day EMA
- now it is below 200 day EMA and trading near 50 day EMA
- Nifty getting resisted at 50 day EMA might indicate weakness has gripped the market and it might suggest more pain in the next couple of months.
- doors are still open for a fall up to 14400 odd levels
This is a positional view and not necessarily for this month. Pls read the disclaimer
Best wishes
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Observations
- Nifty has seen a good swift 1000 point recovery from the recent lows
- currently trading below 200 EMA and near 50 day EMA
- 1st time Nifty broke 200 day EMA, it recovered quickly
- 2nd time it broke, it recovered and halted at 200 day EMA
- now it is below 200 day EMA and trading near 50 day EMA
- Nifty getting resisted at 50 day EMA might indicate weakness has gripped the market and it might suggest more pain in the next couple of months.
- doors are still open for a fall up to 14400 odd levels
This is a positional view and not necessarily for this month. Pls read the disclaimer
Best wishes
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.