January 28, 2021

NIFTY EOD charts

- today nifty closed 1% in negative at 13817
- the kplswing indicator has given a  sell signal on daily charts
- however the signal is unreliable as today's candlesticks was a small doji
- also while nifty closed in the red, AD was positive
- infact even yesterday, though markets tanked, the AD was 1:2

- so there are signs of buying at lower levels
- this is a good sign as of now

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