Nifty - Indian markets to correct or bull run to continue?

9 thg 6, 2023

Here i show 5 measures to look at whether the market will continue higher or correct. We have had an almost 12% rally from the lows of April - so people are worried.
However, look at these 5 measures and then take a call - dont make spur of the moment decisions only on the basis of yesterdays price action. Take all the below into account...

1. DXY
   
2. Nifty Heat Map
   
3. FII DII
   
4. AUDJPY - Why look at this?
   
5. Asian markets trend / SPY
   

20 thg 6, 2023

Ghi chú

Indian markets continue to be strong - however a short term pull back to 21 EMA thats the 18600 levels is likely. If it comes there - will be reloading once it touches that