Nifty- Superb recovery, but still below 50&100EMAs
Nifty broke 17015 and went way under before making a superb recovery to close with a big green candle.
PCR remains 0.71 with good support at 17500. Nifty is yet to breach 50EMA and 100EMAs--so the pullback has a big resistance above.
Weak global cues could pull down the index when markets open after the republic day break. Massive short covering bursts and buying support by DIIs 4535cr pulled the market back--FIIs did sell for 7094cr earlier in the opening hour.
Will we see another green candle on thursday?
PCR remains 0.71 with good support at 17500. Nifty is yet to breach 50EMA and 100EMAs--so the pullback has a big resistance above.
Weak global cues could pull down the index when markets open after the republic day break. Massive short covering bursts and buying support by DIIs 4535cr pulled the market back--FIIs did sell for 7094cr earlier in the opening hour.
Will we see another green candle on thursday?
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.