unable to cross wl3,last day candle is doji.
every one will tell market like to fall.
extended rally.over bought condition,banking sector not supporting market
but does market go in the way what every one thinks?
recently we have observed doji succeeded by green candle next day trapping many.
move on the next day(monday will decide the move)
we have one gap below and other one is in the upside.
Any help from banking sector can move nifty much higher as reliance.tcs infy,even hul,bharti airtel turning positive
hence nifty is not simply buckling down
presently I have neutral stand on nifty.
only decide after observing move on monday.
every one will tell market like to fall.
extended rally.over bought condition,banking sector not supporting market
but does market go in the way what every one thinks?
recently we have observed doji succeeded by green candle next day trapping many.
move on the next day(monday will decide the move)
we have one gap below and other one is in the upside.
Any help from banking sector can move nifty much higher as reliance.tcs infy,even hul,bharti airtel turning positive
hence nifty is not simply buckling down
presently I have neutral stand on nifty.
only decide after observing move on monday.
Comment:
weekly lw 10675 is crucial breaking below will be negative for nifty.
reversely a slightest help from that sector can push market higher.