We have seen a very good bull market on friday, Nifty closed @ 5484 up by 3.2%, it will back some confidence in bulls again. Advance decline ratios are very much in postive side, but we have came again near 5500-5600 strong resistance zone, we find major moving averages between 5500-5600. We need to see more buying and Nifty rallying above 5500 for Nifty's next target 6000
Buy LT above 1755 for target 1775 and 1814, keep stop loss at 1738.
Happy Trading .....
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Buy LT above 1755 for target 1775 and 1814, keep stop loss at 1738.
Happy Trading .....
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