MAYA_MUMBAI

NEVER BLINDLY SHORT THE MARKET - MY FIRST NIFTY POST

Education
MAYA_MUMBAI Updated   
NSE:NIFTY   Nifty 50 Index
i read many post to get ready to short the market , Hence i am giving my humble views

In the chart here, i have shown 2 supports

1) Horizontal Support

2) Trend line support

Unless and until - these supports are broken - Never short this market

3) mac-d on weekly and daily time frame is positive

4) Price is above 200 ema

These are just my observations

Critics are welcome to criticize !!! :)



Comment:

hope the above weekly charts - and drawing of parallel trend lines gives more clarity
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