This is the daily Nifty chart. Nifty has held 5700 for now and bounced from the Trendline. Nifty is also very near to the 200 EMA. Whether this will be held is a big question. FII selling has come down in the last 2 days. Will there be a technical bounce to 5900 and then a downward journey again?? CCI has not yet confirmed a sell. Traders should trade with tight stop losses and wait for a major move on either side.
1 comment:
The market is regularly falling, probably it will get boost in coming weeks, so its good time for small investor to get enter into market.
Market will make up in coming time.
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