viswaram

03 Jun 2024 - Exit poll results takes Nifty50 to all new highs

Long
NSE:NIFTY   Nifty 50 Index
No technical analyst could have predicted what would happen today, yes most of them would have guessed it right. The analysis that really stood out Friday was when one of the analysts posted the screenshots of Adani group stocks and mentioned - see the exit poll results before the actual exit polls.
Honestly, it could have gone either way. If the exit polls predicted less than 270 seats, then we would have fallen 800pts easily. Luckily, things went up and the majority of the crowd were happy (most of them were long only).
Our stance is revised to bullish, if we start falling then 23089 would be the first support.

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