NIFTY has crossed a major hurdle of 18200 and closed at 18212, indicating strength upwards. Also, a cool-off in the DXY from last couple of days from 96.85 to 95.5 levels indicates there would be buying. Coupled with all this data is the results season which is expected to bring some volatility. NIFTY seems to be strongly moving towards the 18500 levels. View would be negated if NIFTY closes below 18195 on daily charts.
Disclaimer: I am not SEBI registered investment advisor. Views expressed here are personal and for purpose of my own study. Any use of these views for trading would be at own risk.
Disclaimer: I am not SEBI registered investment advisor. Views expressed here are personal and for purpose of my own study. Any use of these views for trading would be at own risk.
