Indice NIFTY 50

Trade Log NIFTY April 22

142
Today NIFTY's move retraced 200 points after initial flat opening.

After move down tomorrow, I was expecting range bound action. NIFTY kept on moving up.
1. Overall Advance Decline ratio is near 1 to 1.
2. NIFTY gains largely due to Reliance and Zee Entertainment.

Tomorrow is expiry day. It is interesting to see how NIFTY reacts to level of 9250.

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