NIFTY50 - Weekly Index Analysis - 9th July #nifty50
NIFTY50 Update (as on 9th July, 2024)
- Here's an updated analysis on a Weekly Time Frame
- As mentioned, if the Nifty rises above these levels; then keep booking your profits in time. Holding your capital is better than holding onto an unnecessary extended loss
- Since Nifty is at a psychological level we need to start being extremely cautious and mindful about our portfolio holdings
- As always, please keep your SL in play for new positions and for exisiting positions keep your TSL tight
- If there is a correction that happens and you'll are sitting on capital, then choose your swing trades wisely at supports zones and position size mindfully
- And always remember that corrections are good and should be welcomed for bigger growth and stronger upward moves
- India's Growth story will still be on track
* Disclaimer
Become Emotionless & Trade Ryte
#nifty50 #weeklyanalysis
- Here's an updated analysis on a Weekly Time Frame
- As mentioned, if the Nifty rises above these levels; then keep booking your profits in time. Holding your capital is better than holding onto an unnecessary extended loss
- Since Nifty is at a psychological level we need to start being extremely cautious and mindful about our portfolio holdings
- As always, please keep your SL in play for new positions and for exisiting positions keep your TSL tight
- If there is a correction that happens and you'll are sitting on capital, then choose your swing trades wisely at supports zones and position size mindfully
- And always remember that corrections are good and should be welcomed for bigger growth and stronger upward moves
- India's Growth story will still be on track
* Disclaimer
Become Emotionless & Trade Ryte
#nifty50 #weeklyanalysis
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