Hong Kong index HSI has formation quite similar to Nifty charts of early Jan.
The HSI index has lower top formation with index struggling at key trendline support of the Sep rally. It is holding the 50 and 100 DMA for now. The 50 DMA though appears to be exhausted as it has been flat for last 1 month.
Keep any on the charts for now.
The HSI index has lower top formation with index struggling at key trendline support of the Sep rally. It is holding the 50 and 100 DMA for now. The 50 DMA though appears to be exhausted as it has been flat for last 1 month.
Keep any on the charts for now.
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