Market Status Change

Market status changed to confirmed uptrend

– The Indian market has been moved to a Confirmed Uptrend. Today, the Nifty rallied 1.7% on volume greater than the previous session, resulting in a follow-through day.

– Apart from strong global cues, declining oil prices strengthened the sentiment of investors who were looking to take positions in some beaten-down stocks after a major correction. Continue reading “Market Status Change”