NIFTY continues to print fresh highs.
but ended the day with yet another DOJI.
this hasn’t happenned for the first time  we have seen  INDEX doing this multiple times since early FEBRUARY.
so the PATTERN to stuck at highs still continues!

this in past hasn’t ended well for OPTION buyers,


again wont end well for them.
infact OPTION BUYERS have lost significant amount of their capital since 1st week of FEBRUARY!

for TOMORROW levels of 22,350 and 22,300 would be an important support once INDEX trades below that we could witness a decline towards 22,220 and 21,156 on spot in next 2 days.
As long as 22,300 is held the sequence of marginal higher highs should continue.


on upside  as we have discussed earlier  this rally should be capped under 22,600!

TIME wise TOMORROW and WEDNESDAY would be important CYCLE DATES for not only INDIAN MARKETS but for U-S-MARKETS as well.