Idea on NIFTY in upcoming days...

Jan 26, 2022

NIFTY the movement, first let's talk about the weak points, NIFTY IT and NIFTY CEMENTS are the one which looks bearish to sideways,
Most of the market correction was due to NIFTY IT, however the IT stocks got retraced a lot and also many of them are standing on some support levels and out of them TCS was the strongest IT stocks
Now cement was also the one which underperform from past session seems still negative

now the positive aspects
NIFTY banks showing the highest bullishness, with a post news of AXIS BANK result and other bank stocks which perform well in previous few session
NIFTY auto is also having a bullish sign with Maruti having a great breakout post its results and Bajaj auto also standing at a support level,
even some stocks like Powergrid which recently hits all time high is bullish and most of the other stocks are standing at a support level indicates that the market will be slightly bullish to sideways in upcoming days....

this is just my outlook
do like if it's worth!!!