Bull case=Chart says it all
Bear case=Also Hdfc Bank will announce its results tomorrow...Once the news is out as per expectations,it will correct.(if news is bad it will collapse).........bringing banknifty down...............Reliance also has retraced the fall...if it resumes its downside it will bring nifty down...same goes for Infy...........all 3 heavy weights comming down will bring the market down...these are things on the back of our minds when trade opens on monday......and trade accordingly.....So I will post a chart incase rally fails and goes down.
Bear case=Also Hdfc Bank will announce its results tomorrow...Once the news is out as per expectations,it will correct.(if news is bad it will collapse).........bringing banknifty down...............Reliance also has retraced the fall...if it resumes its downside it will bring nifty down...same goes for Infy...........all 3 heavy weights comming down will bring the market down...these are things on the back of our minds when trade opens on monday......and trade accordingly.....So I will post a chart incase rally fails and goes down.