Nifty on uptrend-open above CPR tomorrow

15 thg 11, 2021

Nifty -gap up opening indicated for tomorrow. Nifty should open above CPR. If it takes support and sustains above CPR - FII & DIIs are both net buyers, so we should expect uptrend. Inside the up-trending channel, we can see Nifty closing in the positive zone. PCR is 0.8 which is lower than yesterday, if Nifty flies then call writers at 18200/300 might have to cover. Let us see if nifty goes north..