ExclusiveNifty In Technical Charts: Sit On Your Longs And Add On Dips
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Nifty In Technical Charts: Sit On Your Longs And Add On Dips
This move is starting to resemble the post-election move—a steady, if unspectacular, gain. Actually, those are the better ones, as the market doesn’t get overbought even in the short term.
Technical charts for markets on a screen. (Source: Envato)
Finally, we have reached new heights. Still, there will be people who quibble.Some market participants perceive new highs as an increase in risk, as the market now has a higher likelihood of falling and potentially more room for further declines. So, not happy. For others, it is deepening frustration because their anticipated reaction did not come, and now the market is running away without them! They cry, "It's not fair," as if the ...