Nifty view
Today's price action makes the bearish set up inconclusive
A big green bar can mean bullishness resuming. However, it can also be because of short covering on the expiry day today
Both Nifty and Bank Nifty are above 50 DMA now
Breadth is still deteriorating making this bullish stance a bit skeptical
Tomorrow is budget day so no trades please
A big green bar can mean bullishness resuming. However, it can also be because of short covering on the expiry day today
Both Nifty and Bank Nifty are above 50 DMA now
Breadth is still deteriorating making this bullish stance a bit skeptical
Tomorrow is budget day so no trades please
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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.