Thursday, January 13

Nifty Pullback Started

And it happened again When all Street was short and the surprise rally in spite of a pathetic IIP number which came in middle of afternoon.
Let see technically what happened:
Market was crashing like a pack of cards from past 6 days.
FII sold just 3000 cores and people got fearful on the way down.
Market always move in direction which cause maximum trouble to a short term trader.
Nifty made a triple bottom at 5700 level  as shown in chart and showed a pull back from the lows and  rallied till 5865. Tomorrow …
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