Market Breadth & Situational Awareness of Nifty: 13th Feb 2025
Today, nifty closed with -0.06%.
The price of Nifty50 is still below all the major moving averages.
Strength and direction, both are positive.
Medium and Positional term trends are still negative.
Highs stand at -5.823.
Short-term direction and thrust, both are negative signalling that short term trades should not be taken.
To summarise :
Short term and thrust negative - Avoid short term trades. Markets are very volatile right now.
Strenght + direction + highs + Medium trend - Avoid
Strenght + direction + highs + Positional trend - Avoid


Comments
Post a Comment