March 24, 2018

NIFTY Month MACD Sell signal | Price below 200 SMA



  • First chart is the hope of bulls to replicate the recent visit of price below 200 SMA. As one can see price did not do much below 200 SMA for bears. 
  • But bulls will understand the Gravity of the situation when they see the second chart. From 2008 there has been 3 sell signals in Month MACD, We are about to witness the 4th sell signal. All the previous signals gave great results for bears.
  • But as always in stock market nothing is certain, Let the 4th signal fail to save small long term investors from big losses....


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