Nifty - celebrating already??

1 ธ.ค. 2021

Nifty surgically checked out all the levels i mentioned yesterday.
Synopsis of todays chart- Nifty made a green candle but failed to close above the 20EMA on weekly chart.

>There was buoyancy of great GDP numbers & comfort of absence of Omicron in India.
>And DIIs (+3467cr) outgunned FIIs (-2766cr) today by a hefty +701 cr - bringing in a round of relief and cheer to everyone.
>Vix came down by significant 8.13%.
>PCR jumped in both nifty and banknifty ahead of the expiry day.
>CPR for tomorrow will be quite narrow - so most likely we will see a trending day. Could be bad news for option writers on an expiry day.
>Nifty has so far retraced 9.5%, there may be scope for some more correction.

Levels are marked on the chart (unchanged from last couple of my posts)

So, where do you see the charts pointing?