Nifty does 9520 above 9410 in impulsive manner
As discussed in last analysis Nifty
opened at 9410, made high of 9431 but it triggered the sl for traders
who went long but shorts are active as we again closed below 9390 so we
can go towards the target of 9320/9280. Bullish on close above 9410 for a
move towards 9460/9530. Nifty
failed to do 9320 but once it moved above 9410 bulls were having upper
hand and pushed index to do both target 9460/9530 high made was 9523.
Now Bulls need a close above 9530 for next moved towards 9610/9666.
Bearish below 9460 for a moved towards 9410/9370 Bank Nifty hits 23250 Holding 22740, What to expect in June Series
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