LONG SCENERIO - Nifty50 has been trading in a very crucial level. The gap up from 2nd of Feb (Budget day)has being acting as very crucial support & seems to be like big players spot. Well we wanted to know if NIFTY has a momentum while giving reversal from support & we plotted a divergence that has occurred near support area.
Note while doing analysis, we also had a look at SGX NIFTY & it’s trading at +1.13% (+161points).
This also gives us a signal that NIFTY50 can open GAP UP.
Note while doing analysis, we also had a look at SGX NIFTY & it’s trading at +1.13% (+161points).
This also gives us a signal that NIFTY50 can open GAP UP.