Nifty heading towards 18000 and more ?? Probably YES, as per technical it has broken the channel upper line with strong momentum and retraces at 17500. Also we can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing/positional entry to go long keeping SL 17450 - Target we can expect another 500 Points move that is...
Crazy movement will happen right after a consolidation in the way the market behaves. But this kind of movement is the nightmare of an option seller like me. The movement is led by the globe clue. Let's see how the 18000-19950 range acts above 18350. We know the import level to watch. Looking at the chart, there is a gap it filled now and will try to bounce back...
We are up to the 2nd week of expiry and the nifty is above 18000. On Monday, Nifty opened with a gap up and gave a good up move and closed just above 18,000. Today it sustained the 18000 consolidation between 100 points. It's encouraging to see that more bull runs or breaks below 18,000 are on the way. Because we know there is a lot of data on the way, we can...