NIfty @20000
Nifty is currently experiencing a remarkable surge, entering into a skyrocket mode. It is consistently opening with significant gaps and maintaining its upward momentum, continuously reaching new daily highs. It recently came close to the impressive milestone of 20,000, touching a remarkable 19,991. The movement of Nifty is characterized by a strong and persistent one-directional trend, showcasing its exceptional performance in the market.
Earlier, we discussed that the level of 19800 would serve as a major resistance for the Nifty. However, contrary to expectations, the Nifty broke through this level and moved upwards, reaching 20000. Looking ahead to tomorrow, if the market opens with a gap, there is a possibility that the upward momentum may continue. However, it is important to note that the day could potentially end with a decline, indicated by a red candlestick.
Earlier, we discussed that the level of 19800 would serve as a major resistance for the Nifty. However, contrary to expectations, the Nifty broke through this level and moved upwards, reaching 20000. Looking ahead to tomorrow, if the market opens with a gap, there is a possibility that the upward momentum may continue. However, it is important to note that the day could potentially end with a decline, indicated by a red candlestick.
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