Hi all,
As expected, Nifty faced a stiff resistance near the psychological mark of 10900-11000 and turned down couple of times from there.
However, it has managed to cross it today, at least in the early trades which is a good sign for bulls.
However, Nifty should sustain these levels to start the next up move.
The target on the upside will be near 11150-11300-11400, where as the supports would be near 10800-10580
Cheers
Hrishi ! ! !
As expected, Nifty faced a stiff resistance near the psychological mark of 10900-11000 and turned down couple of times from there.
However, it has managed to cross it today, at least in the early trades which is a good sign for bulls.
However, Nifty should sustain these levels to start the next up move.
The target on the upside will be near 11150-11300-11400, where as the supports would be near 10800-10580
Cheers
Hrishi ! ! !
