NIFTY Analysis

FOR LEARNING PURPOSE

NIFTY- Its doing two things at one time

1. Its breaking 50MA on daily (not a great sign)

2. Its breaking the low of 13th March and making a new low this month.

Also, there was a small trendline which was in support, it has been taken down.

What to do next?

Focus on Stocks which are holding strong or showing some strength

Don't buy anything blindly
I am making sure to manage my risk.