ilmscore | Prediction Details
"See here you can very clearly see that if 17400 is taken out and if it is sustained... there can be a lot of people who can get trapped here... immediately seven so that short covering rally could take it Beyond 17 500 again another eighty thousand Lots being seen here so again another a big chunk can get trapped here and that may take the markets to higher and higher levels"
By CA Rachana Phadke Ranade | October 6, 2022 | Pending
From video
Short Covering Sustainable? | CA Rachana Ranade 00:08:59 - 00:09:28
Interpreted Prediction
A short covering rally could push Nifty beyond 17,500 if the 17,400 resistance is broken and sustained, potentially trapping short sellers.

Prediction Details

Topic
Nifty Short Covering Rally

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.