NS has broken the 4880-4900 cluster resistance levels. It will again find some resistance at 4925 level. Breaking of that can lead to 5000 in NS within this week. Because NS has good support at 4825 levels.
Market is seeing a rising wedge..means a wave which is rising only and it will be corrected soon..so book profit at current level and then again go long at 4921-25 level.
Bank Nifty and CNX IT will have good support for 2 day trading.Hence we can expect the breaking of Cluster resistance and go beyond it
ReplyDeleteMarket is seeing a rising wedge..means a wave which is rising only and it will be corrected soon..so book profit at current level and then again go long at 4921-25 level.
ReplyDeletehi
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