All indicators are overbought, so either NIFTY has to consolidate for averages to catch up or should fall by 3 to 5% to sustain further upward movement.
For NIFTY 8170 level is good resistance. Perhaps market might not fall but should not also cross 8170 + 50 points in near future.
One can keep accumulating 8300 CALL sell contract.
Disclaimer: This blog does not take any responsibility of your profit/loss
For NIFTY 8170 level is good resistance. Perhaps market might not fall but should not also cross 8170 + 50 points in near future.
Disclaimer: This blog does not take any responsibility of your profit/loss
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