Price Action for Nifty 50 on 3rd May, 2021 (Monday)

Overall Sentiments may seem bearish... but I have made following observations!

1) Markets still above 20 dema
2) PCR Ratio still between 0.75 to 0.86... not bearish at least...
3) Highest open interest on 6th May is around 15000...
4) Q4 Results some Giants are extremely positive...

Lets see how Monday pans out!!! All the best with your current positions!!
Trend Analysis

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