sridharanpablo

Nifty in a band bear.

Long
NSE:NIFTY   Nifty 50 Index
Nifty is showing a intermediate short bear which will subsequently trade between the indicated range and is expected to bottom out at 6600 or 6700 range by this week end 27.3.2020
The market will try to slowly pull out investors as the pnademic panic is making him ovethink.
New investors would wait until the situation improves which is expected to be over by 3 to 6 months. Save money for the unexpected and wait for the market to give you opportunity and the subsequent growth will be substantial.
The situation demands a wait and go, the markets bottom out will be clearly visible only when it is happening, until then sit tight and save money.

Sridharan.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.