Nifty breached the first resistance of 17693 effortlessly today with some power buying by FII (1274cr) and DII(533cr).
The next critical resistance is at 18032 which could be threatened tomorrow.
PCR remained firmly at 1.51 with option writers comfortably writing put options and expecting a bull run. There is so much firepower and with a strong rupee there is little to be worried about it seems. Wide CPR tomorrow will provide a solid downside support. Markets could breathe a bit but nothing looks worrisome at this time. (sans covid third wave which seems to be expected and so factored in?)
Let us see how markets go tomorrow ...
The next critical resistance is at 18032 which could be threatened tomorrow.
PCR remained firmly at 1.51 with option writers comfortably writing put options and expecting a bull run. There is so much firepower and with a strong rupee there is little to be worried about it seems. Wide CPR tomorrow will provide a solid downside support. Markets could breathe a bit but nothing looks worrisome at this time. (sans covid third wave which seems to be expected and so factored in?)
Let us see how markets go tomorrow ...
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.