NIFTY is taking its own sweet time to come down... the slower pace of correction is a bullish sign. On a different note, VIX also declined indicating lack of any fear within this correction.
In intraday charts, closing near day's high after a correction is a bullish sign.
30 min charts point to good support at 6270F levels.
In intraday charts, closing near day's high after a correction is a bullish sign.
30 min charts point to good support at 6270F levels.
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