What would constitute confirmation of Market trend reversal?
- Nifty falling below MA(100) & MA(200)
- McClellan Index falling below EMA(59)
As of now - possible trend continuation & higher moves:
- Market is above MA(100)
- McClellan Index remains above EMA(59)
Mutual Funds: Keep invested as market seems to be moving in a UP trend
Stocks: If you follow our watch list then you probably have seen as market move higher, most of selected stocks are doing significantly well in very short duration. Selecting right stocks along with proper risk management is the key to success.
Enjoy the party till it last...