Hi all,
As mentioned in the earlier post, Nifty took support near 8315-8300 mark and did not those levels any time. Today markets gapped up and trading now near 8440 mark.
Now the next hurdles are near 8450-8493-8515-8530
Can we call this a short term bottom?, well for that Nifty has to surpass the above resistances and sustain convincingly above 8500....
Cheers...
As mentioned in the earlier post, Nifty took support near 8315-8300 mark and did not those levels any time. Today markets gapped up and trading now near 8440 mark.
Now the next hurdles are near 8450-8493-8515-8530
Can we call this a short term bottom?, well for that Nifty has to surpass the above resistances and sustain convincingly above 8500....
Cheers...
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