Nifty- Doji candle- Will it close the gap tomorrow?
Nifty's flight turned into a doji today--indecisive and yet hit the 18276 level intraday-we had indicated this yesterday.
FIIs sold 1391cr today against DII 1065 buying--net 326cr sold by institutions in the cash market. Bank nifty lost some steam as well, so will nifty look for consolidation as well?
PCR at 1.09 is still bullish, but less so compared to prev day. CPR tomorrow is narrow one so a trending day could be in the offing.
Looks like Nifty will move down to fill the gap and take next support at 18032. What do you think?
FIIs sold 1391cr today against DII 1065 buying--net 326cr sold by institutions in the cash market. Bank nifty lost some steam as well, so will nifty look for consolidation as well?
PCR at 1.09 is still bullish, but less so compared to prev day. CPR tomorrow is narrow one so a trending day could be in the offing.
Looks like Nifty will move down to fill the gap and take next support at 18032. What do you think?
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