Nifty 50 Indexלונג
NIFTY 2ND JAN 2025 - THU - EXPIRY
Seems like a Good expiry , Nifty has broke the big bearish candle formed on 20th Dec & has smoothly sailed through 24060 levels , today it has rallied +1.88% ( 445 Points) , also it has broken small parallel channel trend , closed above 200 DMA, & has touched 20 DMA , so is it signaling the bullish trend in JAN series, yes might be
Nifty looked strongly bullish today
Magic level was indicating the positive sentiments
Even the there was positive cues from all the industries regarding the Q3, Auto , It sectors etc , consumption, also mid market many positive news from Many sectors
Trying put the today's market movement
Post 9 :30 AM , it gave fresh Demand as per the asyymetrical traingle pattern, so that iyt went on contracting & again the asymmetrical traingle & rspected the level 24066 was stangnant & again the Asymmetrical traingle pattern
Today most time , market fell m beacuse of the bearish pinbar at the top
Outlook for market seems positive , tomorroe there might slight negative at the first & then a big move expected , seems like nifty was contaction phase now transistioning to expansion pahse with positive sentiments , also the qtry results month ,
Nifty looked strongly bullish today
Magic level was indicating the positive sentiments
Even the there was positive cues from all the industries regarding the Q3, Auto , It sectors etc , consumption, also mid market many positive news from Many sectors
Trying put the today's market movement
Post 9 :30 AM , it gave fresh Demand as per the asyymetrical traingle pattern, so that iyt went on contracting & again the asymmetrical traingle & rspected the level 24066 was stangnant & again the Asymmetrical traingle pattern
Today most time , market fell m beacuse of the bearish pinbar at the top
Outlook for market seems positive , tomorroe there might slight negative at the first & then a big move expected , seems like nifty was contaction phase now transistioning to expansion pahse with positive sentiments , also the qtry results month ,
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