Absolute_Investments

NIFTY - Time to be cautious

Short
NSE:NIFTY   Nifty 50 Index
3 black crow formation in nifty ahead of the yearly budget. Globally equity markets showing signs of weakness. The upcoming state elections adding to political chaos & doubts over strong economic reforms. It's not yet time to Panic & sell however definitely time to be cautious. Last time the 3 black crows were spotted Nifty corrected by 2000 points. Will the history repeat this time as well ? only time can tell.
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.