The Nifty50 remained in the grip of bears throughout the trading session. It closed below its crucial 5-days exponential moving average placed at 10,967 and made a strong bearish candle after forming a Doji candle which suggests a possible reversal in the trend. The 5-DEMA acted as crucial support for the index soon after it made a bottom around 29-30 January. It breached the level on the downside in Friday’s session and now investors are advised to stay cautious and use rallies to create short positions.
To Get Free Trial
Missed call @ 8817002233
Call Us @ 8602780449
Mail Us = firstname.lastname@example.org
Visit = https://www.starindiaresearch.com/freetrial