Blockbuster rally makes it a festive Makar Sankranti, Uttarayan, Bihu, Lohri and Pongal for investors but how far can this rally stretch is the question?
I will try to answer the question based on Technical analysis. On the onset let me tell you that predicting exact top and exact bottom in a short term is a very difficult task but The candle today has opened...
Nifty is within touching distance of all time high. The final resistance zone is between 18865 and 18887.6. It is a difficult but conquerable resistance zone. Supports on the lower side are near 18700, 18639, 18555 and finally 18461. Below 18461 closing the channel will be broken and the trend can become weak.