Though majority of the indicators went into buy mode after closing above 2860 in nifty.
But still it is unclear how much upside remains or either the uptrend is going to continue or not.
Also my 5EMA + 2 RSI + TRIN Everything in buy mode….. Even 10 day of SMA also shows a bullish signal
But Sensex 5 Year Charts shows 13 Week Twigg’s Money Flow Oscillator still maintains
below zero shows increased selling pressure.
Now at this point of time its wise to go long only if twiggs money flow oscillator
moves above Zero…. or wait for sell signal and catch it only if 2821 breaks on closing basis.
So Buy/Sell ???? Its Difficult to judge the market at this point. As per my knowledge markets ends in an uncertain state.
