Market Sentiments Quote : Nifty is now nearing it`s important cluster of 19450-19500 Says Sameet Chavan, Angel One Ltd
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Below is Quote on Market Sentiments Quote By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd
Nifty is now nearing it’s important cluster of 19450-19500. After seeing a vertical rally in last 6 trading sessions, some sort of breather or minor pause cannot be ruled out. Hence, traders can choose to stay light ahead of expiry after reaching mentioned levels. By no means, we expect a complete reversal in the market, rather any small decline should be considered healthy from a broader perspective. We may then see Nifty gearing up for a next move towards 19800-20000 and for BANKNIFTY 46000 and beyond levels.
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