Hiiii
Today We witnessed
bears are now scrambling because they fear squeeze sometime as we near the settlement, maybe after a few days. We have been seeing that foreigners have also been shorting the Nifty, so the writing puts etc. All these factors put together, are creating pressure and it is just a question of who would lose the patience first - the bulls or the bears and it appears that since the market was refusing to come down even on bad news like yesterday’s; CBDT news or whatever, market was just sort of happy to stay around certain levels. Given that at the moment, all the bad news is getting discounted, the Index is now poised for rise and if today the market is an indication and it would move more from here.”(xpert View')
NIFTY FUTURE CLOSE 4215
R1 4256 R2 4297
S14143 S24070
TREND
Bullish
Stocks:-
IFLEX TGT 2625++
RIL
RELCAP above 1110 1140 1175
ACC
LAXMI MACHINE WORKS
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