NOT ALL ROSES ARE RED !!
The tremendous rise after a sharp fall usually leads to euphoria among retailers as they feel validated in their market view. However, a trader must have open mind to asses all possibilities. With this motto, i am sharing my analysis for NIFTY.
The tremendous rise after a sharp fall usually leads to euphoria among retailers as they feel validated in their market view. However, a trader must have open mind to asses all possibilities. With this motto, i am sharing my analysis for NIFTY.
Comment:
Huge down day. 21 EMA violated decisively. Next target is 50 EMA.