Daily Report · August 13, 2021

Morning Pulse 13/08/21

  • US markets yet again closed at all time highs. WHy woild nifty stay behind. Nifty too closed at all ATH.
  • Now. bears who were not believing in the 16k breakout should give up which could induce short covering taking nifty close to 17k.
  • Bank nifty should follow.
  • IT and pharma are bevaving opposite. It should get resolved shortly.
  • Smallcap bounced from the 50MA and looking strong to inch higher.
  • Selling puts from the breakout points and supports 35500pe and 36000pe.