NIFTY on anticipated lines continued higher.
in yesterdays EOD POST we discussed the near term PATTERN target of 22,325 on spot which still continues to be a pending target to achieve.
As we discussed in SUNDAYS post from MONDAY to WEDNESDAY MARKETS could stay up,
the real test of this upside is due from THURSDAy onwards.
SUPPORT for NIFTY is at 22,000 on closing basis.
So this throw over move is likely to continue as long as 22,000 is held.
NIFTY BANK with todays upside may certainly have created excitement in majority of traders but during next 3 days that should again dial back.
HDFCBANK is our top pick for our short accounts in 2024 so in next few days we would certainly utilize this move.
That’s it for today,
See you guys TOMORROW.
gann,insides 