The market breadth continues to improve, with 33.6% of Nifty 500 stocks above the 200-day moving average and 77% of stocks above the 50-day moving average. The high low indicator shows that more stocks are making new highs. Nifty 500’s resistance is at 14,200. It would be the key level to watch how stocks react at this critical resistance level.
Weekend Rundown: Follow the reversal | Chart Crime | What's Rational
Weekend Rundown: Follow the reversal | Chart…
Weekend Rundown: Follow the reversal | Chart Crime | What's Rational
The market breadth continues to improve, with 33.6% of Nifty 500 stocks above the 200-day moving average and 77% of stocks above the 50-day moving average. The high low indicator shows that more stocks are making new highs. Nifty 500’s resistance is at 14,200. It would be the key level to watch how stocks react at this critical resistance level.