Here i show 5 measures to look at whether the market will continue higher or correct. We have had an almost 12% rally from the lows of April - so people are worried. However, look at these 5 measures and then take a call - dont make spur of the moment decisions only on the basis of yesterdays price action. Take all the below into account...
DXY
Nifty Heat Map
FII DII
AUDJPY - Why look at this?
Asian markets trend / SPY
Comment
⋅
Indian markets continue to be strong - however a short term pull back to 21 EMA thats the 18600 levels is likely. If it comes there - will be reloading once it touches that
Indian markets continue to be strong - however a short term pull back to 21 EMA thats the 18600 levels is likely. If it comes there - will be reloading once it touches that