NIFTY about to correct in coming days
NIFTY is about to correct in the coming days. Any investor/trader looking to buy should wait for another week or so. The MA20 and MA50 are about to come close showing a correction is in place. The correction will most probably be a small one, around 1-2%. Perfect time for any long-term trader to get a position or any short term scalper to short during this time. Approximately by the end of the week (Thursday or Friday) we can expect a mild correction. Nifty will then drop below 15,050. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.