Benchmark index Nifty is looking some weakness is there although price take support and somehow managed to closed above on rising trendline support but what I find some weakness indications are there on the basis of RSI and MACD indicator for example that price takes support but RSI indicates that the strength to go ahead of the price has decreased and the same MACD also preparing to give negative crossover so this is only analysis which I am sharing do not want to give a short TAG unless the price (PRICE IS GOD) indicates, but all these things tells me that I should wait to buy anything new until all things didn't synchronized.
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POSSIBLE TARDING STRATEGY
