Main macros for analysing nifty are as follow:-
Main macros for analysing nifty are as follow:-
1.What is the sentiment of market because sentiment drives nifty almost everytime.
2. secondly i prefer to check what is the structure nifty 50 chart,also checking nifty high weightage stocks technical structure like R.Ind,infy,tcs,and hdfc.
3.whenever I'm in confusing mode usually i prefer to check PCR.
4.and last but not least I analyze the FII/FPI Activity.