NIFTY – I have given only the very short term view above. (Long term being bullish). We can have a correction today and possibly another one or two days. This correction in all probability will be a consolidation in the form of bunching of waves which is a pointer towards making the wave 1 on smaller scale.
SECTOR WATCH
FMCG CORRECTING
IT PRESENTLY BULLISH
BANKS CORRECTING FOR FUTURE BULL MARKET
OIL AND GAS BULL MARKET BUT PRESENTLY CORRECTING
NIFTY Opening On 5th Feb 2024