So yesterday #Nifty washed away previous 2 days' gain. It may happen today once again.
On other note, global data showing a bounce back plus, Reliance's new JV with Disney may also contribute to Nifty's bounce back.
However, game is simple today. I will be watching 1st hour's candle made and that will decide the direction of market today.
If it's high broken we may see a good short covering to 22055/22149 levels. If the lows are broken then further slide to 21874/21732 seems probable.
This is also Weekly and Monthly expiry for index and stock options as well. We may also have a range bound day.
Yes, everything seems mixed.
So play very very carefully. No aggressive trades until Nifty shows a sign of bounce back.
On other note, global data showing a bounce back plus, Reliance's new JV with Disney may also contribute to Nifty's bounce back.
However, game is simple today. I will be watching 1st hour's candle made and that will decide the direction of market today.
If it's high broken we may see a good short covering to 22055/22149 levels. If the lows are broken then further slide to 21874/21732 seems probable.
This is also Weekly and Monthly expiry for index and stock options as well. We may also have a range bound day.
Yes, everything seems mixed.
So play very very carefully. No aggressive trades until Nifty shows a sign of bounce back.
İlgili yayınlar
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.
İlgili yayınlar
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.