Reliance close was very positive today and this one stock is capable of moving the market up. Infosys also came out with good results. That said, Nifty has again made a higher high higher low and is in itself a good positive sign.
A small gap up opening is likely and welcome but I am personally not a fan of a big gap up opening since the index is obsessed to fill all gaps sooner or later.
For precise levels on Nifty and Bank Nifty, watch the video.
P.S. - I said 'lower high lower low' while recording the video. It's actually 'higher high higher low'.
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