Nifty to hit the channel resistance on upside at 5212 levels and a gave close above 5212 at 5222 making high of 5231 and breakout of the channel shall give further bulishness now the next tgt shall be 5310
Most active CE 5200 and PE 5200 and 5100
FII net buyer in cash segment while DII net seller
For tomorrow nifty shall remain bullish unless above 5208 with upward targets of 5245 – 5268 – 5306 with stoploss of 5194 below which nifty shall become weak with downward targets of 5156 – 5133 – 5096
Also hourly charts are overbought and there could be selling pressure at channel resistance above 5220 there is minor divergence seen on closing If globle cues are positive our rally to continue but if globle cues shall be negative we shall have open high and start correction for day or two.
Positional shorts below 5060 only until then try to buy near stop loss or play intraday levels. Nifty swing shall change if close below 4960 WHICH IS MARKED BY PINK LINE for two days till then swing is Up
CLICK FOR SUBSCRIPTION FOR BREAKOUT STOCKS
CLICK TO WATCH SWING BREAKOUT CALLS
No comments:
Post a Comment