I Have A Very Interesting Observation Regarding 200 Day Average & Nifty Over The Years Which Suggests That Its Due Time Where NIFTY Retraces Back Towards Its 200 Day Average
More On This In A Day Or Two !
A Few Days Back I had Suggested That Two Leading Sectors Of Current Mega Bull Run IT & Pharma Have Started To Weaken
And After A Corrective Up Move As NIFTY Bounced Back From 8000+ Levels I Feel That Many Stocks Of These Two Sectors Are Preparing Themselves For A sharper Down Move
Dr Reddy ,Sun Pharma From Pharma And Tech Mahindra, Hcl Tech From IT Seems To Lead This Coming Down Move
More On This In A Day Or Two !
A Few Days Back I had Suggested That Two Leading Sectors Of Current Mega Bull Run IT & Pharma Have Started To Weaken
And After A Corrective Up Move As NIFTY Bounced Back From 8000+ Levels I Feel That Many Stocks Of These Two Sectors Are Preparing Themselves For A sharper Down Move
Dr Reddy ,Sun Pharma From Pharma And Tech Mahindra, Hcl Tech From IT Seems To Lead This Coming Down Move
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