Nifty mid cap dead cat bounce
Updated
Contrary to general opinions of stock pickers. I feel the rise seen in last two days is a dead cat bounce
Many traders are proposing midcaps will take the batton forword but.
When nifty has turned bearish any 3% drop in nifty will break confidence of all midcap stock holders.
My opinion mitigated above weekly close of previous high. 11450.
and short position starts below 11120.
Many traders are proposing midcaps will take the batton forword but.
When nifty has turned bearish any 3% drop in nifty will break confidence of all midcap stock holders.
My opinion mitigated above weekly close of previous high. 11450.
and short position starts below 11120.
Note
assessment gone wrong this time.
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