Nifty opened above prev day value area had a OTD up. Value area completely developed higher with range extension on higher side. We are not getting any shut off to this current higher side auction yet. So theme is bullish continuation here.
Key reference levels to track here are 8375 & 8310 . A bit of caution would be poor structure at 8285 zone. 8450 we have a pending POC at higher side where there is high chance to probe that going fwd. Till expiry it looks bullish here.
Happy trading !
Jay
Key reference levels to track here are 8375 & 8310 . A bit of caution would be poor structure at 8285 zone. 8450 we have a pending POC at higher side where there is high chance to probe that going fwd. Till expiry it looks bullish here.
Happy trading !
Jay
Thank You Jay for post.. Some structure repairing possible today.
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