Nifty - Indian markets to correct or bull run to continue?
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Here i show 5 measures to look at whether the market will continue higher or correct. We have had an almost 12% rally from the lows of April - so people are worried.
However, look at these 5 measures and then take a call - dont make spur of the moment decisions only on the basis of yesterdays price action. Take all the below into account...
However, look at these 5 measures and then take a call - dont make spur of the moment decisions only on the basis of yesterdays price action. Take all the below into account...
- DXY
- Nifty Heat Map
- FII DII
- AUDJPY - Why look at this?
- Asian markets trend / SPY
Nota
Indian markets continue to be strong - however a short term pull back to 21 EMA thats the 18600 levels is likely. If it comes there - will be reloading once it touches that
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