#BSE_SMALLCAP
Sharing my views since many are looking for the top; which nobody can tell☺️
The only thing I am watching on this index is the weekly chart w/ 10 EMA.
A close below 10 EMA I will turn cautiously bullish.
#BhatTip
"Simple is not easy"
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#Freetip
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3
#FreeTip
— HMK alias MANOJ (@scorpiomanojFRM) June 23, 2021
A general rule to assess if a market is ranging is to look at developing TC and / or developing BC. If either of them is flat, it means market is currently ranging. If you are trading in 5 min, go to a lower tf chart, say, 2 min to have a less lagging assessment.