chinmayjog

NIFTY trading between two gaps

NSE:NIFTY   Nifty 50 Index
Bulls are defending the gap around 17800 levels, and Bears are defending the gap at 17900. For tomorrow, it looks most probable that NIFTY will test both the gaps. If NIFTY breaks these levels by virtue of gap up above 17900 or gap down below 17800 and sustains for around an hour, then we may see another directional day. Otherwise another sideways expiry is on the cards tomorrow.

NOTE: I am not SEBI registered advisor. Views are purely for educational purpose, do not trade based on these views.
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