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Nifty In Charts: Stay Away Or Stay Long
Sit back and allow matters to unfold into some clarity. Or, play bold, be long or go long.
20 May 2024, 06:18 AM IST
The market has been behaving as per expectations and as forecasted. Two weeks ago, I had stated that we could see a reaction till 21,900-22,000 area and that this would occur by around May 14. A rise was forecasted from there. So far, the market has done precisely that. It repeated the 1,000-point decline that ended precisely on the 13th. It scared the hell out of some people and there was a good bit of position unloading. Reasons we...
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