Tech View: Nifty faces major hurdle at 21-DEMA. What traders should do next week

Tech View: Nifty faces major hurdle at 21-DEMA. What traders should do next week

Nifty on Friday ended 98 points higher to form an Inside Bar candlestick pattern on the daily chart. If the headline index manages to hold Thursday’s low of 21,932, a pullback looks possible to chartists. Last month, the index found support around 21,780 levels, and the 100-Days exponential moving average (DEMA) is placed near 21,820. … Read more

Learn with ETMarkets: Why are exits more vital than entries

Learn with ETMarkets: Why are exits more vital than entries

When you buy a share, you are so full of optimism. You picture your stock rallying to new highs and becoming a multi-bagger. So entries are easier decisions to make. Exits, however, are an entirely different ballgame. When you exit a profitable position, you are always worried that the stock could still go up further … Read more