Tomorrow 27th September can be an eventful day in Nifty50. Symmetrical Triangle pattern as been formed at the support. Although the stock could breakout either side my bias is towards the bullish side. I expect Nifty50 to at least touch 19750-19800 before either moving higher or sideways.
Lets wait and watch.
Lets wait and watch.
Comment:
To be honest, I am confused here. Technical chart suggest the price to go up but option chain suggests it could go down. We will have to see how markets react between 19700-19800.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
