Retail has been supporting the economies world over, yesterday US Retails sales demonstrates one more time. With Services continuing to print robust numbers, the inflation story is not fading away. The markets cheer with stronger data, but stable rate look. Pause is no hike, is a cut. This assumption continues, despite receding liquidity. Wealth effect continues...
Lot of technical reasons for choosing NMDC . 1 As per Ichimoku in daily above cloud 2. as per renko 3% first time above 20/40 EMA line 3. as per candle RSI is above 62 which is first time after long time . Buy NMDC above 152 And stop loss is on closing basis of rs.139 . always keep stop loss
Keep selling metals on rise............. expect 8% -15% more downfall expected........ Investors will get at better value..... Please click the like button for more such insights........ Ek like to banta hia na...........