A close above 18,350 could take the Nifty50 towards 21,000 in long term: Mehul Kothari
“Even the derivative stats indicate that FIIs are now decently long in index futures (Long Short ratio is around 65%) and this opens up the possibility of their unwinding in longs. Thus, on the downside, 17900 would be intermediate support and a breach of the same might apply some brakes to the ongoing momentum.”
