Index Outlook as on 18/08/2024

DSEX Outlook as on 18/08/2024

Seems, Index has failed to sustain over dynamic resistance [MA200]. Index has generated bearish signal accordingly. Most of our stocks are beta positive. So, needs extra caution before any buy. Shouldn't we wait till getting bullish signal? This analysis is done without any prejudice. Wish you a happy trading experience. Thanks for reading.