Traders may have to brace for more declines in the
next few days as charts are hinting at more pessimism over the next couple of
weeks. Analysts expect a 3-4% drop in the Nifty from Thursday's closing before
the index rebounds. The Nifty's 200-day exponential moving average (EMA), a key
sentiment indicator, is at around 8,100, and it would be critical for the index
to hold above this level, according to traders.
www.capvision.co.in/freetrial.php
9713344666
No comments:
Post a Comment