EVENING STAR ON THE TOP OF THE NIFTY SPOT: MAY FACE PROFIT BOOKING IN THIS TRADING SESSION
The NSE Nifty spot closed at 5431 with less volatility in the previous trading session. In the technical scenario, Nifty spot made an evening star on the top, and this will cause to profit booking in the blue-chip stocks and as well as in mid cap stocks. MACD is making negative diversion whereas stochastic is moving in over bought situation. All these factors will result in to somewhere correction. There are lot of small cap stocks which give a significant higher returns with a very small risks. Please call us to get list of those stocks to get abnormal returns in this uncertain market.
Happy Trading !!
Megha Investments & Research Team
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