Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis

Nifty 50 index opened gap up and witnessed sustained buying interest till the end of the session. It gained by around 200 points and managed to close above crucial hurdle of 10271 marks. As the BULLS Area around 10100 Levels Bulls Swings its FULL Power and Defeated Bears like no more Run. On Daily Chart it formed Outside Bullish Candle by neglecting the effect of Bearish Engulfing pattern made on the previous session. Now till it holds above 10271 zones. Now Bulls are entered again the bearish cloud also the strong resistance level of 100 DMA around 10359 levels and till it holds above 10271 zones BULLS are strong. As discovered The Month of April Full of Action …Nifty index Hurdles 10359-10424 and Support shifted upside 10271-10238.
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تعليق:

Nifty Index 10380....Bulls Power...Bull Wins ...Enjoy...should short will covers or not are ? confused??
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