NIFTY cracks down, but well within the broad range. EMA are tight clutching each other, unless there is a big move on the either side, it is unlikely to open out. There are no signals to trade in both systems. Number of trending stocks in the NIFTY component list has gone below 50%, this is a rare occurrence & it clearly prints out the Global economic and financial mess.
Keep off from the markets for the time being, ranged markets are dangerous suckers.
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