Nifty Spot looking to navigate over the pockets of gaps and move ahead. With the SGX remaining flat it definitely indicates a neutral start to the series. We need to say more hands on the deck to push the Nifty higher. Till then its a whipsaw market that we shall have to accept and participate with a hybrid approach rather than a long only or short only approach.
The chart featured earlier continues to hold and the supports have worked well since then to produce a revival. One needs to retain the bullish bias and use dips to initiate buys. The key level continues to remain around 9720 which the market should not breach on the way down.
The chart featured earlier continues to hold and the supports have worked well since then to produce a revival. One needs to retain the bullish bias and use dips to initiate buys. The key level continues to remain around 9720 which the market should not breach on the way down.