Nifty Looking Strong But final few hurdles before making an ATH.

31. März

Nifty looking strong and my rise riding on the current momentum wave but the hurdles it needs to cross (The Resistances in the way) are 22350, 22449, 22526. The New high that Nifty can make in the current bull run can be in the range of 22597, 22690, 22787 or higher. In case some of the resistance does not allow Nifty to progress further the supports for Nifty will be at 22252, 22132 and 22070. Momentum is looking good and the shadow of the candle is Positive but there can be selling pressure on FIIs and some DIIs as the election time comes near and near. Also Fresh financial year can bring fresh strategy for FII, HNIs and DIIs.