Nifty in profile- 2

Today's strong Open and the longer Time frame entering the markets have made the picture very bullish.


Mp 48 Nifty In Profile- 2


The updated profile as of 11.30 am now shows single prints running across both the distributions in the composite DD and are a sign that those values have been rejected by the market.


The current profile in developing in the single prints of the upper distribution, itself a sign that the seller is being neutralized in his den.


This profile has big implications going forward.


5626 NF should be the maximum level now, the bulls will allow the market to fall in the coming sessions.