Traders expecting correction everyday at various levels and market surging ahead. Correction will come some time but now 6800 wala bottom will not be broken in next few months atleast. Aisa lagta hai...aage Ram ji ki marzi.
There are two events - which can take nifty much higher while people wait for correction level - Rate Cut (50-75% probability) & GST
Specially if GST is cleared (25% probability - but in politics everything is possible) - we may see rally towards Jan highs
Check OI for April Series - Punters already betting on Jan high levels - 7800/7900 was anyways high now 8000 level Calls seen building high OI - but put's stll maintaining 7000 & 7200 as highest OI for April series (so fall could also be rapid)
one quick query bhai
In Amibroker-I have 15 min chart and 5 min chart..I used to draw a line in 15tf aur voh 5tf me bhi dikhti thi..now its not happening..how to solve this?