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virralthakkaar

NIFTY looks very scary in the long run.

Short
Nifty 50 Index (NSE:NIFTY)  
virralthakkaar  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftyprediction niftyview niftyshort
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trendanalysis chartpattern indicator nifty nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftyprediction niftyview niftyshort
Trendline on the daily charts in nifty shows a support at around 13000 levels. There is nothing that looks to be a boost for the markets either.

Moreover, the 100 day MA of is at 13670 levels and 200 day MA is way lower at 12160 levels.

my suggestions is to exit longs at recoveries and wait with a capital to enter at levels where the markets take support.
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