NIFTY - BULLS RUNNING OUT OF AMMUNITION.

3 thg 2, 2022

Nifty bulls make one more valiant day led by the bank nifty. The up-once again bring closer to the area of supply zone and thus hurdles to the bulls test to pass. Bears would sneak in around these levels and try their best. The supply zone remain 17830-17980 area. Thus selling rise towards 17800-830 stops 17930 for move towards 17630-650 is what one can expect 17600 is the base. A direct break above be below 17600-17900 tells the directional move. Dice in favour of bears. IT, PHARMA Continue to be the bears favoritism. Individual spaces continue to provide opportunity both to the bears and bulls. With budget behind the focus shifts to the clues from the global markets which remain on the edge.