- Nifty remains above MA(100), however Nifty is converging rapidly towards MA(100) and drop below it will be a sign of concern for long term investment
- McClellan Index is well above EMA(59) and no signs of worry as of now
- Mutual Funds - No signs of concern yet for long term, hence stay invested
- Stocks - Market in pullback mode, which means many stocks may breakdown and a good risk management needs to be in place, hence have STOP LIMIT in place
Stay alert and be cautious...