Stupendous come back . . .

Hi All,

As expected, bulls came back sharply after the Hammer on hourly charts near the supports of 8470....

The upside targets mentioned in the earlier posts of 8560-8600 are almost achieved.

Now, it’s very important for Nifty to surpass the weak yet very important resistance zone of 8600-8650...

A better strategy would be to wait and watch till the time there are strong evidences on charts for a trade.

Cheers

Hrishi