I am looking at the chart, feels good when your predicted moves come into play. Yesterday we talked about pull back and today we got decent chances for the Moves. Now we are looking at target of 19500 levels on the upside, but I still feel we will open for a pull back tomorrow, perhaps a chance to enter the rally again.
Nifty50 is moving higher after the pull back, many targets to achieve in this rally.
Diwali is round the corner, a festival celebrated with lot of joy and happiness by traders. Many want to buy new stocks and thus pushing NIfty50 higher. Perhaps this is what market psychology is all about?
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