NIFTY has given a very welcoming response to BJP win in UP . it has broke in its ALL time High 9131 with a Gap .
a Gap is a break between prices on a chart that occurs when the price of a stock makes a sh arp move up or down with no trading occurring in between.
Gaps are usually a result of mass euphoria or hysteria .
20 EMA & 50 EMA are showing Strong bullish indication…
Nifty will now enter a new pardigm
Next Resistance will be at 9,233
Next Support will be at 9075
Happy trading !
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