Nifty pattern appears to be a-b-c running correction.
Nifty cmp 14635.
Move above 14700 would be a confirmation that nifty head towards 14950-15100 zone in coming sessions.
Metals witnessing profit booking as it moved up fast and traders taking profits at higher levels.
Next bullish looking sectors are Auto and Banking and Financials.
Accumulate them in lower levels. very soon we see buying spree in these sectors.
Regards
Suryadev Bandari
Research Analyst
www.earningwave.com
Comments
Post a Comment