Few days back - I wrote an article on how Nifty continues to hold 7540-7550 against all odds and huge bearish global scenario. Well, Nifty bulls continue to fight on and save this important level with strong help from Reliance.
Here's Nifty Chart as of today
The more the Nifty holds this level, the more important the level becomes and more intense the fight would become to save this level. Will this be the ultimate base if bull market has to continue?
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication, you agree to make no trade relying in whole or in part on the comments of the writers