Chart1 shows that longer term - the up-trend is still intact in the larger picture- whereas Chart2 shows that on a shorter term basis - the markets are in a sideways phase - neither up nor down.
|NIFTY EOD Compressed Trend(Long Term)|
|NIFTY EOD Compressed Trend(Short Term)|
The comments and posts published in this blog are NOT trading recommendations. They can not be considered as trading calls or advices. If you decide to use the information offered here for your real trading, it is at your own risk.