5350 odd was broken and nifty closed below it, confirming medium to intermediate term bearishness. however on the back of bounce last trading session it might still continue as a dead cat bounce till 100 points more in near term.
if after that nifty is able to sustain above 5415-5420, then can take it near 5550 till budget . if some positive news is there then the pullback could continue upto 5850 etc.
if after that nifty is able to sustain above 5415-5420, then can take it near 5550 till budget . if some positive news is there then the pullback could continue upto 5850 etc.
