January 29, 2021

NIFTY EOD charts

- trend is down on daily charts
- there was a sell signal yesterday but it was a doji
- today, markets failed to sustain above prev day high and sold off
- close was below prev day low

- close was 1.32% in negative at 13635
- AD was 4:5

- AD in past few days has been good (or not very bad)
- next support 13000

- Monday is budget presentation
- looks like market has no expectations from it
- or is expecting it to be worse than normal
- let's see

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