Bear Flag Alert !!
So the touch of the 200 DMA did not happen today…But it is still in play as long as the market is below 100 DMA at 5015 and does not close above it. What I wanted to bring to your attention today is the Bear Flag I have been watching on the Nifty for the […]
Nifty-update
Nifty is very close to the 200 DMA at 4640 levels. It will be a good spot to book shorts and consider a few longs. A failure to touch the level today, would mean that the Nifty will have to visit again. Generally according to the moving average rule, a break of 20 DMA should […]