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STOCK MARKET UPDATE : WHERE WILL NIFTY GO NOW........ 05/05/2021

 Dear investor, as we have discuss earlier nifty on 18 April 2021 about market I said market is looking that it will go down as covid is spreading it self . after that nifty has made a low of 14151. and after that it has move in upside till 15044. Today nifty made a low of 14416 and made a high of 14673 and closed at 14645. market is really good for short term and for day trader as people is earning in up side and down side both side. market trend is not clear unless it crosses 15100 for upside and 14100 for down side. So I believe that either market will trade sideways or if it breaks any levels towards it will go into that side ....

RSI movement is also sideways. so it is very difficult to predict for short term on daily chart. and hourly chart is looking strong for upside.... but still one can trade for sell nifty with stoploss of 14750 to 14810....

LET ME REMIND YOU THAT THE LEVELS ARE FROM SPOT NIFTY....

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