General Trading Chat

Nish

Well-Known Member
Nifty : The last few dojis like today's doji caused a downside.

View attachment 45986

Fingers crossed
Good observation !

Bullish signs:
N is abv 50DEMA 14620.
DMI+ 28 is abv DMI- 25.
RSI 54 trying to move up.
Stochs 84 / 55

Not so Bullish signs:
UBB around 14980.
15000 a psyche resi.

But For a change, how about a Gap-up and then more upside and then whatever the SUPREME MARKET wants ! :)

The REASON:
At-least most times, Market tends to think opposit of retails !

But the Dogi philosophy, supports yr view !
 

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