Will bull be able to hold NIFTY today?
NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness.
as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment.
Reason:
Verdict:
Bullishness is expected
Plan of action:
Observe 15 min Candle if bullish
Sell 19350 PE
as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment.
Reason:
- Chart is back in the pattern will full yesterday 2nd half bullish.
- PCR is 0.85 (Bullish)
- MAX pain: 19350 and 19500
- RSI is still in 40-60 means continiously increasing means bulls have power.
Verdict:
Bullishness is expected
Plan of action:
Observe 15 min Candle if bullish
Sell 19350 PE
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