Referencing two recent orders from the Securities and Exchange Board of India (Sebi) — Trafiksol ITS Technologies IPO and Baap of Chart — Kamath emphasized that taking shortcuts for quick gains is the fastest way to lose money in the markets.
Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
Nifty crossed the 200-Day Simple Moving Average (23,860) but couldn’t sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside