ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE)
NIFTY TODAY WITH A GAP UP REMAINED BULLISH AND FILLED THE GAP CREATED YESTERDAY CONVINCINGLY. EAGERNESS TO FILL THE GAP IN THIS CASE REVEALS PSEUDO BULLISHNESS. NOTWITHSTANDING MUCH ANTICIPATED RELIANCE RESULTS AND SUBSEQUENT SHARP FALL FIZZLED OUT ALL THE EUPHORIA CREATED THROUGH OUT BY THE NEWS ANCHOR...BACK TO CHARTS TOMORROW NIFTY WILL AGAIN IN SUB WAVE CORRECTIVE MODE...AND NIFTY LIKELY TO EXPIRE NEAR 10500-10550. THAT'S WHAT MY ANALYSIS INDICATES AND I PERCEIVE....
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