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Ashray_G
Sep 16, 2022 5:28 AM

Cash is King for now! 

GIFT NIFTY 50 INDEX FUTURESNSEIX

Description

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

  • 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.

Comment

It's not a signal to go and sell everything

best 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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