Nifty 500 on Bullish Momentum
📈 This week, the Nifty 500 index saw a 1% surge, gaining 203 points and closing at 20,164 levels. The market experienced a sudden dip on Monday, followed by a recovery on Tuesday, ending positively. Subsequently, there was a strong rebound in the following sessions.
⛽ The Nifty Oil & Gas index remained robust, while Nifty Auto and Nifty IT also showed significant movements, with weekly gains of 4.3% and 2% respectively.
📊 Despite the bounce-back, notable volumes were missing. Large caps show more promising signs compared to small caps.
⚠️ In case of another significant downturn, it's advised to be cautious with open gains and not hesitate to exit trades. Given the prevailing volatility, TrendX maintains a Strong market stance, exercising caution with open positions.
🔍 We've reduced our Risk Per Trade % for fresh trades, and our next moves will be based on trade feedback and market conditions.
#Nifty #StockMarket #Volatility #TrendX
⛽ The Nifty Oil & Gas index remained robust, while Nifty Auto and Nifty IT also showed significant movements, with weekly gains of 4.3% and 2% respectively.
📊 Despite the bounce-back, notable volumes were missing. Large caps show more promising signs compared to small caps.
⚠️ In case of another significant downturn, it's advised to be cautious with open gains and not hesitate to exit trades. Given the prevailing volatility, TrendX maintains a Strong market stance, exercising caution with open positions.
🔍 We've reduced our Risk Per Trade % for fresh trades, and our next moves will be based on trade feedback and market conditions.
#Nifty #StockMarket #Volatility #TrendX
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.