as said nifty reacted around resistance levels(refer previous posts) last time and came down and tested support levels, bounced from there and again came back to 8700-8800 levels now.
longer term support/sl for nifty 7850.
resistance around 8800.
if nifty stays above 8800-8850, expecting more upmove and the next resistance around 9250-9300 in the intermediate to long term.
short term support expected near 8600.
longer term support/sl for nifty 7850.
resistance around 8800.
if nifty stays above 8800-8850, expecting more upmove and the next resistance around 9250-9300 in the intermediate to long term.
short term support expected near 8600.