Post
miketango
IDX:NIFTY 50
Nothing have changed in our view. The rally was 25 % sentiment and 75% Short covering. Govt can't accelerate economy or GDP merely by announcement and Corporate tax cut. A lot of measures to be taken to give a boost like reducing GST and IT etc which will have long term Effect.
11450 is our Resistance on spot. Breaking this may see 11600 which I m not seeing, I may b wrong but follow levels.
Before that it should test 11190-11040 levels✌️
Sep 22 12:57 PM
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