Nahi pahuchega, it need to breach 20 EMA and make sure it does not bounce back. Difficult. As it has not withdrawn any energy from that band even single time on NF. BNF did it twice I guess ( fool system trigger on daily, whoever took is richer).
To me, one more bounce is pending on long side , than we will go for "sell in may , go away" and cartoon channels will start harping on El Nino- no rain etc to increase the negative senti.
And the contra on daily who are shorting now, will start going long on each correction
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To me, one more bounce is pending on long side , than we will go for "sell in may , go away" and cartoon channels will start harping on El Nino- no rain etc to increase the negative senti.
And the contra on daily who are shorting now, will start going long on each correction
Sent from my iPhone using Tapatalk