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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade With Bhushan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.