NIFTY 50 future TRENDS
- Thread starter sudoku1
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Commodity stocks would be affected. But the way Midcaps are rising, I think the uptrend is back.
On Nifty Weekly, we had a crossover of EMA 3 & EMA 13 last week. Clear sign of an uptrend.
At first I thought the March end rally was because the financial year was ending, and our Tax saving mutual funds and pension funds were buying heavily. In the last 5 sessions, we are basically hovering around that range. Fresh shorts are being created at 5950 levels. Lets see...
On Nifty Weekly, we had a crossover of EMA 3 & EMA 13 last week. Clear sign of an uptrend.
At first I thought the March end rally was because the financial year was ending, and our Tax saving mutual funds and pension funds were buying heavily. In the last 5 sessions, we are basically hovering around that range. Fresh shorts are being created at 5950 levels. Lets see...
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