Friday, 22 October 2021

NIFTY 22 OCTOBER 2021 : Very likely to rebound till 18259 and then 18340.

 


Good morning Friends, 

Nifty get a support at 18050 levels and rebounded. This rebound was really impressive. Right now Nifty is looking better for a round based on momentum. This market still has bullish undertone and we are likely to see higher levels today. 

Two levels that comes in the chart is 18259 and then we can expect a sharp rise till 18340 levels. 

Well, can we expect a new all time high again?

Fine, I cannot deny the possibilities. 

I do not suggest shorting today at levels. 

Happy Trading.