On Friday though the world markets were positive, markets fell down sharply on the first day of new series. Nifty found good support around 18450 levels and bounced back sharply to close in the positive. BNF is getting weak and we may see some more correction in it. Nifty has formed a hammered pattern indicating the strength of the bulls. Lot of buying happened at lower levels. The pattern indicates that markets are bullish and we may see all time high tested tomorrow or the day after. World markets neutral, FIIS positive all indicating bullishness. Have a good trading week ahead. Happy swing trading
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