Nifty at make or breeeak junction

NSE:NIFTY   Nifty 50 Index
52 0 0
Nifty             never closed below 50 E-DMA in the current up move from March 16 till yesterday. The week also closed near low only.
Sharp up move like on previous occasion is possible or we are heading towards new low.
As Nifty             P/E is near 24 ; longs should be avoided for short term trading.
For short term trading one may long nifty             with strict stop loss of 8500.
Medium-Long term Investors may wait for better opportunity.

ST             Traders : Long with strict SL 8500 till 8500 breaks. If 8500 breaks then sell on every rise for some months
Medium term investor : Book Profit / stay away till valuation become reasonable
Long Term Investor : Wait for better opportunity

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out