Is This Upward Move Built to Last?

Strong closing in Nifty on Friday at 23900+ level.

We should see a strong gap up post Mahrashtra state elections results !

Expecting Nifty to give a gap up opening !!

We should see a gapup and a small sell off / profit booking post which Nifty should settle around 24100 level for any further upside move.

Nifty Resistance : 24200-24500.

More upside will be only above 24500.

Bank Nifty Resistance : 51400-51700-51990-52150.

Support : 51150-50700.