
Pahari Trader
May 19, 2025 at 03:10 AM
GIFT NIFTY Indicating a flat start to Indian markets.
ASIAN markets are showing a bearish trend as of now
US indices gave a bullish close on friday ,but futures are trading bearish as of now.
MIDCAP & Smallcap both formed a strong bullish candle on weekly TF, although momentum is strong but indices are starting to enter overbought zone.
Market direction is bullish but a retest might be in order. Previous resistance might get restest in coming days of market can cool off a bit.
Avoid trading at opening.
Let market sustain for sometime.
Keep your focus on EPs & High RS stocks.

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