- Nifty well above MA(100)
- McClellan Index well above EMA(59)
What does it mean for our Investments?
- Mutual Funds - If invested in equities then stay put however be cautious. If in cash/liquid funds/FDs then stay put and wait for next low risk entry. Do keep an eye on debt funds and DO NOT take more than 8-10% loss, cutting losses is essential part of investment.
- Stocks - ONLY invest in strong patterns along with STOP LIMIT for every open position. Use our trade size calculator to identify your risk per position at portfolio level.
Market remains bullish however might experience pullback....