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TradingWithRahul
Nov 26, 2021 10:27 AM

End of a BULL RUN? Long

Nifty 50 IndexNSE

Description

Nifty and Sensex have been following an uptrend line after the corona crash. Now this trendline has been broken with a perfect retest and continuation as well, which becomes more conclusive. Nifty also closed below 100 EMA today.
Markets can correct from here and it will be a good opportunity to accumulate good fundamental stocks at discount. The next supports of markets are 16730, 16300, and 16000. Remember to buy at dips in a staggered manner and not invest the whole amount at once because markets can bounce from any support. Do FOLLOW for more such ideas. Thank you!
Comments
RS_V
Thanks. Missing your posts :-)
TradingWithRahul
@RajaSekharVelisetti Ya, I have been busy these days, so not able to post much. 😅
TradingWithRahul
@RajaSekharVelisetti Will try to be more regular from now😊
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