Nifty 50. So long 3rd wave?
A gap up would be a probable guess. But the opposite might also come as Nifty is at its weekly 50-ma, though it crossed it smoothly. Though a marubozu is formed on daily chart and tells market sentiments are bullish be cautious. Rally for similar strength for 2 days and may burst the bubble.
And about 3rd wave. Guess it hasn't begun yet. Well that things gonna come soon. And sooner it comes smaller will be its rally. And with every upward move more vicious 3rd wave become. In this times, even if nifty crosses its all-time high we must remain cautious with our investments. As a lot of small businesses won't be opening again.
And about 3rd wave. Guess it hasn't begun yet. Well that things gonna come soon. And sooner it comes smaller will be its rally. And with every upward move more vicious 3rd wave become. In this times, even if nifty crosses its all-time high we must remain cautious with our investments. As a lot of small businesses won't be opening again.
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