5315 Correction possible
It looks sensex is due for correction
next 3 to 6 months may be the correction phase
the price has to come to moving average for price stabilization. Now it is too long time , that price is highly stretched from weekly and monthly moving average in sensex and nifty. Moreover, FII huge selling from several days indicates the future possible correction in next 2 to 3 months.
Price has to consolidate, so that moving average will come near to the price or price has too move towards moving average.
Time to be cautious.
next 3 to 6 months may be the correction phase
the price has to come to moving average for price stabilization. Now it is too long time , that price is highly stretched from weekly and monthly moving average in sensex and nifty. Moreover, FII huge selling from several days indicates the future possible correction in next 2 to 3 months.
Price has to consolidate, so that moving average will come near to the price or price has too move towards moving average.
Time to be cautious.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.