Indice Nifty 50Long
Nifty- 18032 tomorrow?
Nifty made a big bullish green candle stopping short of a critical resistance of 17693. If a gap up opening sustains tomorrow, we could see further up move- the next level to look for is 18032.
PCR shot up to 1.5 indicating extreme bullish sentiment of option writers. PCR indicates a reversal may be around the corner.
Buying by FII 903cr and DII 803cr together provided firepower to the market. Have we finally seen the end of FII selling spree---if so, then we would probably not see any significant correction from here.
Sentiment turned bullish, next levels are indicated on the chart- CPR tomorrow is wide so we could see some sideways move tomorrow.
PCR shot up to 1.5 indicating extreme bullish sentiment of option writers. PCR indicates a reversal may be around the corner.
Buying by FII 903cr and DII 803cr together provided firepower to the market. Have we finally seen the end of FII selling spree---if so, then we would probably not see any significant correction from here.
Sentiment turned bullish, next levels are indicated on the chart- CPR tomorrow is wide so we could see some sideways move tomorrow.
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