08 Jan ’24 — Nifty Breaks the Trendline This Time — Nifty & BankNifty PostMortem Analysis
Nifty Analysis — Stance Bearish ⬇️ Recap from yesterday: “Our stance is still neutral with equal possibilities in either direction. Since Nifty50 is following the ascending channel’s top trend line — the chances of going up look more probable. To go down — we need news flow/event as there is no technical weakness.” 4mts chart link The gap up open today…