A Must Watch Nifty Analysis!!
Hey Everyone!!
Greetings from my side, let's talk to the point
➡️ As of now, you'll be observing that the market's countertrend is negative and profit booking is coming.🔴
➡️ But the primary trend of the market is still up and 200 MA is pointing Upward too.🟢
➡️ So It can be a regular pullback on the higher time frame and can be used to buy good fundamental Stocks (Inner voice Saying Don't forget niftybees)
NIFTYBEES ;-)
➡️ and to terminate the counter-trend we need a higher high or a close above this resistance which'll resume the primary trend.🟢
➡️ So one needs to be a little cautious in the upcoming Days.🔴
and If you want to know about good fundamental Stocks " Type fundamental in the comments "
Don't forget to follow for your learnings.✌️
Greetings from my side, let's talk to the point
➡️ As of now, you'll be observing that the market's countertrend is negative and profit booking is coming.🔴
➡️ But the primary trend of the market is still up and 200 MA is pointing Upward too.🟢
➡️ So It can be a regular pullback on the higher time frame and can be used to buy good fundamental Stocks (Inner voice Saying Don't forget niftybees)
NIFTYBEES ;-)➡️ and to terminate the counter-trend we need a higher high or a close above this resistance which'll resume the primary trend.🟢
➡️ So one needs to be a little cautious in the upcoming Days.🔴
and If you want to know about good fundamental Stocks " Type fundamental in the comments "
Don't forget to follow for your learnings.✌️
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