Rohit, why are you abandoning your bear friends?
I did not marry the mob but my views always change on technicals like...
I did not marry the mob but my views always change on technicals like...
Other reasons include + bullish divergence in mid/small caps, the broad market not falling, and Global markets going up. Dec low is intact in nifty or bank nifty. PCR ratios remained elevated. Union Budget seasonal effect. Weekly averages support. strong rupee
What is not supportive
My daily RMI is back in sell mode. Nifty remains below the 20dma and is unable to cross it.
My daily RMI is back in sell mode. Nifty remains below the 20dma and is unable to cross it.
You will never get all factors supported, and this is not the best setup, but I have to take sides based on the average of things.
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