NIFTY UPDATE

NIFTY got that further extension above (21,623) hens PRICES have expanded further which is not something unexpected.
its critical for us to understand few points from here.
Next week would be a final week for this rally which started from OCTOBER LOWS.
nott only for INDIAN MARKETS but for U-S-MARKETS as well.
From 8th,january things wont be that easy.
There also could be remarkable difference between the month of JANUARY From the month of DECEMBER.

We shall discuss this in detail once we enter that phase.
for now MARKETS are BULLISH and we have been Trading it that way since mid of NOVEMBER.
the only change which have took place is trades have been shifted to weekly OPTIONS from MONTHLY OPTIONS earlier.
On upside 21,850-900 zone is possible but no nearest support till 21,500.