mklives

NIFTY.. u going down?

Education
NSE:NIFTY   Nifty 50 Index
Nifty in the past has corrected in weekly chart whenever 20 weekly moving avg crosses below 50 weekly moving avg .
will it repeat??
Looks like it
Shorters get ready..

Note: this is my personal view only

Comments

Till bank stocks are pumping, nifty won’t go down.
+1 Reply
mklives French_Fries
@French_Fries, short hdfcbank 100 lots man ;)
+1 Reply
@mklives, One day I will grant you this wish but then sebi will be looking for me. LMAO. I mean seriously this index is basically scam, look now they are adding brittania replacing hind Petro, so that it continues to look good.
+1 Reply
mklives French_Fries
@French_Fries, britannia has run enough..was my first multi bagger.. wonder y they add when they have crazy already
Reply
@mklives, my 2 cents for this move:
1. PSUs are dog shit wrapped in cat shit.
2. Consumer stocks are generally stable & comparitively more insulated to geo political risks and currency fluctuations.
+1 Reply
mklives French_Fries
@French_Fries, 2. consumer stocks wil correct lesser compared to others,,but with a big event like an elction coming..nervousness will creep in and somewhere as a whole including banks will start correcting..
Reply
@mklives, what are you guys even talking about? Just went above my head. @French_Fries
+1 Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, French fries talks like he can start a broking house already.. his precise english and grammar is way oer my head too
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out