Stockology: Will markets see trend-reversal in last trading week of the year?
The historical data from TimeMap indicates a preference for bullish trends, and the uptrend could persist until the end of December
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The historical data from TimeMap indicates a preference for bullish trends, and the uptrend could persist until the end of December
Short covering and compulsive buying is pushing the markets up. The big target of Nifty is 22,100-22,420, and ZodiacAnalyst recommends slow and steady profit booking
If Nifty touches 21,275, we suggest booking part profits to reduce non-performing investments, we would prefer to be on the sidelines and wait for new investments at right valuation and time
The price pattern developed on the charts indicates that the price band of 20,450 to 20,710 is the red alert zone; investors and traders should tighten all the safety nets
Choppy movement and internal data reading suggest a fall seems imminent and investors should be prepared to invest at around 19,300 within 13 days