Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Sunday, November 8, 2020

Momentum Lags Price

Nifty Weekly Chart 

Nifty Daily Chart 

Nifty has been climbing higher but with momentum slowing. This has led to most participants being cautious. I would continue to trade light instead of turning ultra bullish. Small profits are better than sudden huge losses.

Bank Nifty Weekly Chart 

Bank Nifty Daily Chart 

Bank Nifty looks on track to achieve 30000 with oscillators supporting the move. If it does the Nifty moves up too !

follow me on twitter!/lucksr 

Happy Trading !! 

Lakshmi Ramachandran

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