Nifty closed with huge green candle
Updated
nifty filled up the gap from below and did n't travel to the median line.
when ever median line is not touched there is more possibility of its breaking the uml and travel upward..
on Friday I had observed in case of indices and almost all f&o stocks open=low which implied bullishness
and I had updated immediately not to go on short.
it seems more upward movement of nifty is more likely.
Friday'slow is crucial .If today Friday's high is broken further upside will take place.
when ever median line is not touched there is more possibility of its breaking the uml and travel upward..
on Friday I had observed in case of indices and almost all f&o stocks open=low which implied bullishness
and I had updated immediately not to go on short.
it seems more upward movement of nifty is more likely.
Friday'slow is crucial .If today Friday's high is broken further upside will take place.
Note
right now sgx nifty suggesting 9790 gap down opening. no trade zone
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