update on nifty 50 analysisi had previously posted the same analysis of nifty 50, and here i have brought you an update.
markets are in bull rally, and i guess a sort of bull rally is gonna over after going up by 50-100 points.
after that if the markets rise further(which has a good chance because fii are entering), so that will not carry the bull rally, it will just be a bullish nature, i believe such because the market had got its impulse movement from this rally. and on top of that, nifty chart has covered all the international news as such. plus, fii have sold there stakes and made there profits, now they are re- entering the markets.
and if the markets falls, then it will say, people have yet to make out the profits, and they will realise there profits by selling.
