Indian markets have risen for eight sessions on the trot to close above 10,500 levels, first time after February 27, 2018. These have been small moves. This slow movement up will not force the bears to cover their shorts like the toad in gradually warming water and is likely to boil them alive.
From the bottom of 9,951, Nifty has recovered more than 550 points, to close at 10,528 level on Monday. During the last week, Nifty has also surpassed the big hurdle of its 50-DMA and 100-DMA, placed at 10,400 and 10,450 respectively.Stocks which give 11% return.
Read more-- Stocks update
No comments:
Post a Comment