Nifty updates for the day
1) SGX down by 291 points.
2) Sentiments are very negative - Charts are bearish - Support 22800 for now
3) We have been constantly saying every rise is for selling till we are below 40 RSI on charts and War is going on.
4) This war is of different type and different scale all together.
5) No technical level may hold till the war is on.
6) Traders stay light.
7) Investors wait for 1-2 weeks for clarity.
8) We may see more lower levels on charts.
9) Stocks in focus shall be PSU Banks - PSU Banks are still strong
10) Stock on radar - SBIN
11) All levels are for reference and learning
All this is for information.
This is not a buy/sell recommendation.
#StockInNews#WatchOutFor
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