Cash is King for now!
Updated
Indian markets looks like super bullish for a while, but how long?
Global weakness, European crises won't let the Indian market rally. Indian market might consolidate and give opportunity in future
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
Global weakness, European crises won't let the Indian market rally. Indian market might consolidate and give opportunity in future
- Bearish divergence on daily chart.
- Double top.
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
Note
It's not a signal to go and sell everythingbest allocation for now is 70-80% invested and 20-30% cash
Trade active
Market corrected nearly 4%Good time to start buying and average till 16700
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