On being unable to give a closing of above 15580 yesterday, Nifty has once again raised a concern.
However, as of now there’s still a positive ray of hope as the index had managed to sustain above its cautioned zone of 15270-15350, on closing basis.
Moreover, as we have already stated, these 2 Trading days, i.e., Today and Tomorrow, will be very crucial for the Market. Wherein witnessing a weekly closing of above 15580 has become very important.
So, till then, stay cautious and wait for a positive closing from Nifty in this week.