Grind Up resumes 11626 next?
Apple opening Gap up and reclaiming its uptrend line on Friday and Bitcoin looking to target 17K in my opinion before we see a correction and alt's resume their pumps.
As for the Nifty ,the 50 day MA and 11040 support looks like is solid and we shall resume our uptrend Monday onward.
10330 did not have a massive rejection so this should continue up to 10536 by Friday.
Feel we may touch 11626 so as to short squeeze the over leveraged shorts and it also coincides with an attempt to reclaim the uptrend line since 2016 and where we fell off the cliff in March.
IF we loose support on Monday since Monday's can be dodgy 10900 is the bounce zone which might come in play.
Still Higher time frames this baby looks like its going to new ATH in the next 4-6 months however still cautious about the pull back and not being caught out.
As for the Nifty ,the 50 day MA and 11040 support looks like is solid and we shall resume our uptrend Monday onward.
10330 did not have a massive rejection so this should continue up to 10536 by Friday.
Feel we may touch 11626 so as to short squeeze the over leveraged shorts and it also coincides with an attempt to reclaim the uptrend line since 2016 and where we fell off the cliff in March.
IF we loose support on Monday since Monday's can be dodgy 10900 is the bounce zone which might come in play.
Still Higher time frames this baby looks like its going to new ATH in the next 4-6 months however still cautious about the pull back and not being caught out.
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