Nifty 50 IndexLong
NIFTY Analysis
FOR LEARNING PURPOSE
NIFTY- Its doing two things at one time
1. Its breaking 50MA on daily (not a great sign)
2. Its breaking the low of 13th March and making a new low this month.
Also, there was a small trendline which was in support, it has been taken down.
What to do next?
Focus on Stocks which are holding strong or showing some strength
Don't buy anything blindly
I am making sure to manage my risk.
NIFTY- Its doing two things at one time
1. Its breaking 50MA on daily (not a great sign)
2. Its breaking the low of 13th March and making a new low this month.
Also, there was a small trendline which was in support, it has been taken down.
What to do next?
Focus on Stocks which are holding strong or showing some strength
Don't buy anything blindly
I am making sure to manage my risk.
Trade With Bhushan
Trade With Bhushan
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