nifty50 tech analysis fri 6aug

Aug 5, 2021

Since the gap up opening the market has made an upward move and made new all time high with the candles getting weaker with fall in volume. The market had good supply at the all time high which gave us a new supply zone. According to me the market will give a retest in an upward direction and the start its move downwards to cover the gaps. Watch out for Short Positions or PE option. Thank You!