Nifty is corrected 5.6% during last 3 weeks, and it is on a Fibonacci level 17806, from here their is large chances of accumulation in this level, and again rally for 1000 points, now the bog catch here is Covid cases in India, USA and Europe.
Recently if see the future OI data of stocks and the FII investment, both are not on bearish side. In one hand future OI...
Already a Significant rally in Banknifty from 2 month, now their are Gujrat election ahead and USA CPI data, So here we may see a short retracement from its high to its fabonacci support 42240 and if it crosses then we can see a sharp rally till 44900 in December. The indicators show very bullish indication, RSI is above 50, market breath is above 75% it all...
