- Nifty remains above MA(100) while MA(100) is above MA(200) & both are trending higher - suggesting bullish action
- McClellan Index continues to remain below EMA(59) while trending down - suggesting to observe caution
What does it mean for our Investments?
- Mutual Funds - Remain invested in equities along with continuation of SIP. If in cash/ liquid funds/ FDs then wait for next low risk entry.
- Stocks - ONLY invest in strong patterns and always have STOP LIMIT for open positions to protect gains or limit losses. Check out our trade size calculator to manage your risk along with potential buy candidates watch list.
Market remains in strong bullish trend...