“These are great times for investors who have weathered the correction which took place over the past few months and now the next few weeks and months look quite interesting,” he added. “I see a lot of reversion to mean and maybe the indices can cross the previous highs.”
Tech View: Nifty forms long wick candle. What should traders do on Monday
The near-term uptrend of the Nifty remains intact with high volatility. The next upside levels to be watched are around 22,500-22,600 in the next week.