What is going to kick Nifty for the BUllish trend Pros 1) very good quarterly results from all the IT, consumer & other rest of the companies 2) heading towards Budget by Feb 1 2025 , may be Govt allocation for the infra, green energy space ,transport would be good which markets would like , as Govt spedning Increased by 5 X in 4 years. 3) Automobile sector...
Nifty was trending today making bearish move today & complete exact opposite of the THursday expiry, so as per the chart nifty bounce a little & Fall down a bit till the neckline support of the W pattern as seen in the chart , also its in the zone of 0.786 & 0.618 of Fib levels so might consolidate for few days , take support at neckline & bounce back with the...
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...
Post the Symmetrical traingle follow up , i,e on the 3rd day the Nifty opened the gap Touched day high & came back to the starting point