MakarandK

#Nifty to stay sideways ahead

NSE:NIFTY   Nifty 50 Index
Nifty 1D: Though Nifty has given a flag BO & sustaining above to do 17800, I am not super bullish because in a day or two DC may happen when ADX is < 15. Hence it will go sideways rather to stay between 17800 - 17100 in coming few sessions. Even VIX is dipped to 20 from 30 and that's another sign of stable & less volatile trade ahead. Looks it is a good time for option sellers / theme based strong technofunda stocks. Keep eyes on death cross. #Nifty

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