- Nifty well above MA(100) and MA(200), also MA(100) above MA(200)
- McClellan Index remains above EMA(59) and trending higher
What does it mean for our Investments?
- Mutual Funds - If invested in equities then stay put until we see signs of danger. If in cash/FDs/liquid funds then wait for next right opportunity.
- Stocks/ETFs - ONLY invest in strong patterns and good earnings and DO NOT forget to have STOP LIMIT in place. Take a look at trade sizing to avoid massive losses.
Market continues to be bullish and marching higher...