hi traders,
Nifty is showing weakness.But i think its buying opportunity.Accumulation and distribution line is still strengthening upward trend intact.MACD has gone into -ive territory, but it can bounce back anytime. Slow stochastics is still above 20,strengthening upward trend.Once nifty crosses 8027, nifty will easily go beyond 8600.
Happy trading
Nifty is showing weakness.But i think its buying opportunity.Accumulation and distribution line is still strengthening upward trend intact.MACD has gone into -ive territory, but it can bounce back anytime. Slow stochastics is still above 20,strengthening upward trend.Once nifty crosses 8027, nifty will easily go beyond 8600.
Happy trading