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Nifty In Technical Charts: Short-Lived Reaction Possible
14 May 2023, 10:14 AM IST
So far, market trends are playing along expected lines. The upward tempo was expected to continue, and it did. Beginning with a bang on last Monday, the Nifty did eke out some more gains, but not too much. The Nifty futures have almost reached the next target zone, near 18,400.In the last letter, I had written that the first of the targets had been met but had suggested that the trends look good enough to continue towards 18,450. The...
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