Because of this, I am looking to see if this sets up some type of buying opportunity. After all, the Nifty 50 has been outperforming most other indices around the world, so it does make a certain amount of sense that it would continue to lead the charge. If we can take out the ₹18,000 level to the upside, that opens up the possibility of a move to the ₹18,200 level., which of course is bullish in and of itself.
Ultimately, I think this is a situation where you will eventually see some type of significant move one way or the other, and it will probably hang around and move with the other indices around the world. In other words, if we get a major “Market Trying to Find a Reason to get to the ₹20,000 Level
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