The Nifty kicked off Monday with a gap up, propelled by BJP's exceptional performance in the state election. Strong domestic cues and the return of foreign capital into Indian equities have supported the upside momentum with markets witnessing the biggest one-day rise in over one year.
Nifty 50 formed a long bull candle on the daily chart with a lower shadow. The huge opening upside gap of Monday remains unfilled. Although the pace of the upswing rally softened on Tuesday, there is no indication of any reversal pattern unfolding at the new highs. Will Nifty touch 21000?
Nifty 50 formed a long bull candle on the daily chart with a lower shadow. The huge opening upside gap of Monday remains unfilled. Although the pace of the upswing rally softened on Tuesday, there is no indication of any reversal pattern unfolding at the new highs. Will Nifty touch 21000?
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