Nifty has a monthly close below 20EMA for FEB 2020.
I made a post about this in Oct 2019. I expect history to repeat itself, may not be exactly similar but using the past as a framework.
What does the EMA symbolize?
Why is it such a good support?
If we break below are we looking at further corrections of 10-15%
In Jan 2016 EMA was around 7800, we hit lows of 6800 before moving up.
I made a post about this in Oct 2019. I expect history to repeat itself, may not be exactly similar but using the past as a framework.
What does the EMA symbolize?
Why is it such a good support?
If we break below are we looking at further corrections of 10-15%
In Jan 2016 EMA was around 7800, we hit lows of 6800 before moving up.
