Nifty- Makes a green candle but nothing to cheer yet
Nifty opened and closed below yesterdays close. If we combine the two candles --Big red candle of yesterday and today's green candle---we end up with an even bigger red candle than yesterdays---because todays close was below yesterdays close. So nothing much to cheer about.
India vix is up 2.3% (yesterday also it was up around 3.5%). PCR remains at 0.55 indicating option writers are still wary of betting on the upside.
FIIs sold only 763cr and DIIs bought for 425cr---still we couldn't see a closing above yesterdays close.
Chart is below 20EMA and below 50EMA....going towards the 100EMA---will it take support there?
Nifty closed the Gap today (ref chart) and has a support at virgin cpr below.
Let us see how far the correction continues tomorrow.
India vix is up 2.3% (yesterday also it was up around 3.5%). PCR remains at 0.55 indicating option writers are still wary of betting on the upside.
FIIs sold only 763cr and DIIs bought for 425cr---still we couldn't see a closing above yesterdays close.
Chart is below 20EMA and below 50EMA....going towards the 100EMA---will it take support there?
Nifty closed the Gap today (ref chart) and has a support at virgin cpr below.
Let us see how far the correction continues tomorrow.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.