Nifty is living on the edge, waiting for the Fed biting its fingernails threatening to break down but still not letting go the bullish scene, the lower trendline is still intact but only just in the hourly chart above. A big move on either side will be coming in next 2 days.... but last 3/5 minutes of trade saw heavy buying in futures of Nifty Jan & Feb., so whether it was pofit booking of shorts or an indication is to be seen tomorrow.
No comments:
Post a Comment