Nifty - All set for 18275 on trending Wednesday?
Nifty breached camarilla R4 resistance 18032 with a solid green candle today. If tomorrow's opening sustains above this level, then we should see 18275 within a short time.
Factors supporting Nifty is buying by both FII/DII=total net 491cr today...and likely to continue we will presume?
Price is well above 20/50/100 EMAS indicating continued bullish sentiment and up trend continuation thus far.
PCR remains cautiously bullish at 1.15. CPR is narrow (only 22pts wide) so we could see a trending Wednesday tomorrow. What do you think?
Factors supporting Nifty is buying by both FII/DII=total net 491cr today...and likely to continue we will presume?
Price is well above 20/50/100 EMAS indicating continued bullish sentiment and up trend continuation thus far.
PCR remains cautiously bullish at 1.15. CPR is narrow (only 22pts wide) so we could see a trending Wednesday tomorrow. What do you think?
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