short covering on expiry day of 2/3/23.

1 Mar 2023

On a daily basis Nifty has closed above previous day high. Also there are some shorts in the system, so short covering is expected on the expiry day on 2/3/23. nifty will soon cross 200 days EMA which id placed at 585 as on today at the close. this 200 DEMA will breach either on 2/3/23 or on 3/3/23.