Nifty 50 is exhibiting a bearish to neutral long-term outlook while showing signs of a short-term recovery and we see a bullish cross over in MACD on Daily Chart. Nifty is trading above 20-day Exponential Moving Averages (EMAs) suggesting short-term momentum. But, still trading below 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) On weekly charts the MACD is still trading below zero and suggesting bearish sentiments. RSI is below 50 in weekly charts is signaling a neutral to slightly bearish momentum phase. Weekly Top Gainers :

SHRIRAMFIN

ADANIENT

AXISBANK

Weekly Top Losers :

COALINDIA

SUNPHARMA

INFY

#WatchOutFor#IndexStrategies#MacroViews#Post-ClosingCommentary#TechnicalViews

527 likes·43 comments