Well, the vertical move came, at open the failure to auction below yesterday's low brought in buyers. Swift move through VA shows the commitment of buyers. Single prints in B and C periods are not revisited. However we are not in an up trend. It may be another bigger bracket that is forming.
Looking for buy opportunities today. But beware of failure to auction higher may bring Nifty back into the bracket. The green line surrounded by two red lines represent a value zone. and the blue zone is a resistance zone.
Looking for buy opportunities today. But beware of failure to auction higher may bring Nifty back into the bracket. The green line surrounded by two red lines represent a value zone. and the blue zone is a resistance zone.
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