This was the chart I made during the day; ofcourse Nifty Future went above than the last candles shown. The idea was to show how previous Gaps act as support and resistances.
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As of now the next gap resistance is at 3760! And speaking of Gaps, do take a look at the blue shaded ones we have been leaving behind during this phenomenal rise. Some need to be filled? Any takers???
1 comment:
the gap near 2700 looks miles away for now...looking at way icici bk (stk which has shown no growth in past 3 yrs and poor quarter results ) rallies proves the exuberance which has peaked in markets.
Sir,if you remember i had mailed on your yahoo id sometime in march..i tried reaching on number you gave me..but couldnt get through.
I am resending my query...will be very helpful if you could spare some time whenever free to reply.
thanks
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